Let Nolan Real Estate & Appraisal, LLC handle your appraisalTo many, an appraisal is simply one more thing in the long list of items for a home purchase or refinance. Almost all lenders still call for a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation methods that might seem more practical than an appraisal. But is getting a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a licensed, independent real estate professional might come in handy? Absolutely.
Let Nolan Real Estate & Appraisal, LLC help you appeal your tax assessment in Steuben CountyIt's possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a previous assessment of your home, 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 Nolan Real Estate & Appraisal, LLC is your best evidence when building your case. At Nolan Real Estate & Appraisal, LLC, we're equipped to assist you in challenging your tax assessment.
Nolan Real Estate & Appraisal, LLC can help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the buyer is more than 80% of the actual value of the property, almost all lenders ask homebuyers to take out an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often bundled into the monthly mortgage payment and is soon forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to eliminate the PMI payments when the balance is paid down to 78% of the original value.
Nolan Real Estate & Appraisal, LLC will give you a statement regarding the value of your home, and the price you paid for the home valuation can generally be offset in a short amount of time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a particularly traumatic experience for both parties, and it is often even more complicated by the challenging decision of who maintains the property. It's a good idea to get an appraisal from Nolan Real Estate & Appraisal, LLC so both parties are entirely aware of the true market value of their house, regardless of the situation.
If the parties wish to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Settling an estate with peace of mindLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.
Unlike wealthy 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 uneven 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.
Relocating to or from Steuben County?We understand the stress involved with an employee relocation. We take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, along with information about any current sales or listings in their area that they want considered during our intensive process.
Sell your home quickly at the right priceA professional appraisal can 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. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are calculated on our efforts to perform the appraisal report and not a percentage of the sales price.
We examine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. 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 properties are one the market.