Reasons to order an appraisal from Lundquist Appraisals & Real Estate ServicesTo a lot of people, an appraisal just looks like another fee in the long list of items for a home sale or refinance. And while there are an increasing number of automated home valuation systems that may seem cheaper than an appraisal, practically all lenders still call in a local expert because the stakes are very high. Is obtaining a mortgage the only reason to acquire an appraisal? Are there more instances when the services of a certified, independent real estate professional might be helpful? Absolutely. 
Challenge your tax assessment in Wabash CountyIf you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in appealing your tax assessment. PMI removal to reduce your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that almost all lenders ask buyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. This added payment is often lumped into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI becomes unnecessary 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 requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Lundquist Appraisals & Real Estate Services can produce a statement regarding the value of your home. The expense of the home valuation can generally be offset in just a few months because you'll no longer be paying the PMI. Order an appraisal from Lundquist Appraisals & Real Estate Services Order onlineSettle a divorce with less stressA divorce can be an especially horrible event for both parties, and it is often even more complicated by the troublesome decision of who maintains the property. 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 home, regardless of the circumstances. If the parties need to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Ascertain a fair and accurate valuation for estate liquidationThe death 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 real estate involved. We ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to manage these issues, unlike wealthier individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal. Move to or from Wabash County for workEmployee relocation is a stressful event, and we understand. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered during our thorough inspection. Sell your home quickly — at an accurate priceA professional appraisal will help you make a more informed decision when determining your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees aren't related to the sales price, but rather they are calculated on our efforts to complete the appraisal report. We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homesare on the market. So, seeking a professional appraisal is a trusted way to decide what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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