Why order an appraisal from Miramar Appraisal, LLC?Thousands of people in Rhode Island buy, sell or refinance their home every year. Many of these transactions involve a simple line item for an appraisal. Even though there are an increasing number of automated home valuation processes that might appear to be cheaper than an appraisal, almost all lenders still need a local expert because the stakes are so high. But is obtaining a mortgage the only reason you should get an appraisal? Are there also cases when the services of a certified, independent real estate professional might come in handy? You bet.
Let Miramar Appraisal, LLC help you dispute your tax assessment in Washington CountyIt's possible you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a previous assessment of your real estate, so if values have gone down in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from Miramar Appraisal, LLC is your best evidence. At Miramar Appraisal, LLC, we're qualified to assist you in disputing your tax assessment.
Miramar Appraisal, LLC can help you do away with PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance plan that almost all lenders ask homeowners to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the home. This additional payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Miramar Appraisal, LLC will produce a statement regarding the value of your home, and the cost of the appraisal can usually be offset in a short amount of time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is often complicated by the challenging decision of who keeps the house, and it can be a very heartbreaking experience for both parties. It's a good idea to order an appraisal from Miramar Appraisal, LLC so both parties are fully aware of the true market value of their house, regardless of the situation.
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 received a fair assessment.
Fair and accurate estate liquidation with help from Miramar Appraisal, LLCSettling an estateLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the real estate involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the certain value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Miramar Appraisal, LLC can assist you in relocating to or from Washington CountyWe are familiar with the stress involved with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our thorough process.
Let Miramar Appraisal, LLC assist you in selling your home quickly at the right priceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision when determining your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. The price we charge isn't related to the sales price, but rather they are calculated on our efforts to complete the appraisal.
On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. Getting 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 - because we're experts in knowing how long homes stay on the market.