Let J. Boyles Appraisals, LLC handle your appraisal needs
To a lot of us, an appraisal just looks like one more thing on the break-sheet for a mortgage or refinance. Practically all lenders still call for a local expert because the stakes are very high, even though there are a growing number of automated home valuation systems that may appear more economical than an appraisal. Is obtaining a mortgage the only reason to acquire an appraisal? Are there additional situations when the services of a licensed, independent real estate professional might come in handy? You bet there are.
Appeal your tax assessment in Fairfield County
If you are in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from J. Boyles Appraisals, LLC is your best evidence when building your case. At J. Boyles Appraisals, LLC, we're capable of assisting you in disputing your tax assessment.
PMI removal to reduce your mortgage payment
When the amount being loaned to the home owneris more than 80% of the actual value of the home, nearly all lenders ask buyers to buy this extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, J. Boyles Appraisals, LLC will produce a statement regarding the value of your home. The price you paid for the home valuation can usually be offset in just a few months because you'll no longer be paying the PMI.
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Divorce settlement with fewer hang-ups
A divorce can be a very horrible event for both parties, and it is often more complicated by the difficult decision of who maintains the home. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from J. Boyles Appraisals, LLC, regardless of the circumstances.
The parties will have a better idea 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.
Determine an accurate and fair valuation for estate liquidation
Losing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails 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, ensuring the maximum degree of discretion.
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these affairs. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Move to or from Fairfield County through an employee relocation program
We are aware of the stress associated with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information about any new sales or listings in their neighborhood that they want considered during our detailed inspection.
Close on your home promptly — for the right price
A professional appraisal can help you make a more informed 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. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees depend on our efforts to finish the appraisal report and and aren't related to the sales price.
On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to decide what improvements will add value and what a suitable 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 stay on the market.