Reasons to order an appraisalThousands of people in Washington buy, sell or refinance their home each month. 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 multiplying number of automated home valuation methods that may seem cheaper than an appraisal. You might assume that securing a mortgage is the only reason to acquire an appraisal, but there are other times when the services of a licensed, independent real estate professional could be beneficial.
Let Sound Appraisal Group, Inc help you appeal your tax assessment in Kitsap CountyIf you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Sound Appraisal Group, Inc is your best evidence when building your case. At Sound Appraisal Group, Inc, we're capable of assisting you in disputing your tax assessment.
PMI removal to lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the property, almost all lenders ask homebuyers to buy an added insurance policy. That policy is Private Mortgage Insurance, or PMI. More often than not, this additional payment is lumped into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to remove the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
Sound Appraisal Group, Inc can give you a statement regarding the value of your home, and the expense of the appraisal can usually be offset in just a few months because you'll no longer be paying the PMI.
Accurate and fair estate liquidation with Sound Appraisal Group, IncSettling an estateThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. We guarantee 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 take care of these issues, unlike many wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, understanding the precise value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.
Relocating to or from Kitsap CountyEmployee relocation can be a stressful event, and we understand. That's why we take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed process, we suggest employees that are moving to provide dback on the positive features of their property, as well as information about any new sales or listings in their area that they want considered.
Don't sell out for too little or keep your home on the market too long.Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our s aren't related to the sales price, but rather they rest on our efforts to complete the appraisal.
We determine the difference in value things like an additional 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.