Why you should order an appraisal from Lundquist Appraisals & Real Estate ServicesYear after year, thousands of people in Indiana buy, sell or refinance their home. Most of these transactions consist of a simple line item for an appraisal. Almost all lenders still call in a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation systems that may seem cheaper than an appraisal. You might assume that getting a mortgage is the only basis for getting an appraisal, but there are additional times when the services of a certified, independent real estate professional might come in handy. 
Challenge your tax assessmentIt's likely you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a previous assessment of your real estate, so if values are less than what they used to be in your neighborhood, you can appeal your assessment and save money. An appraisal from Lundquist Appraisals & Real Estate Services is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment. Eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance policy that almost all lenders ask home owners to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Very often, this additional payment is lumped into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. Lundquist Appraisals & Real Estate Services can produce a statement regarding the value of your home, and the cost of the appraisal can generally be regained in just a few months because you'll no longer be paying the PMI. Order an appraisal from Lundquist Appraisals & Real Estate Services Order todayGet a clear valuation on a home take make a divorce settlement less stressfulA divorce is an especially traumatic event for the parties involved, and it is often more complicated by the difficult decision of who gets the house. Regardless of the circumstances, it's a good idea to order an appraisal from Lundquist Appraisals & Real Estate Services so both parties are completely aware of the true market value of their property. The parties will have a clearer picture of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Accurate and fair estate liquidationThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion. Most Americans don't have dedicated estate planners or executors to handle these issues, unlike wealthier individuals. And since a home or other property often makes up an unequal share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal. Relocate to or from Wabash County through an employee relocation programEmployee relocation is a stressful event, and we understand. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide remarks on the positive attributes of their property, along with information about any recent sales or listings in their area that they want considered. Sell your home quickly — for the right priceA professional appraisal will help you make a better educated decision when determining your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to complete the appraisal report and not a percentage of the sales price. We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a trusted way to determine what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time, because we're experts in knowing how long properties are one the market. 
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