Reasons someone would hire Soileau Appraisal GroupTo many, an appraisal just looks like one more thing on the settlement sheet for a home purchase or refinance. Almost all lenders still need a local expert because the stakes are so high, even though there are a growing number of automated home valuation systems that may seem cheaper than an appraisal. But is getting a mortgage the only reason to get an appraisal? Are there also instances when the services of a certified, independent real estate professional might be beneficial? Absolutely.
Dispute your tax assessment in Osceola CountyIt's possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a previous assessment of your home, so if values have declined in your area, you can appeal your assessment and save money. An appraisal from Soileau Appraisal Group is your best evidence when building your case. We're equipped to assist you in appealing your tax assessment.
Let Soileau Appraisal Group help you eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask home owners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Very often, this extra payment is folded into the monthly mortgage payment and is quickly forgotten. This is unfavorable because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to get rid of PMI, Soileau Appraisal Group can produce a statement regarding the value of your home. The price you paid for the appraisal can usually be offset in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce can be a very traumatic ordeal for both parties, and it is often more complicated by the strenuous decision of who gets the house. Regardless of the situation, it's prudent to order an appraisal from Soileau Appraisal Group so both parties are entirely aware of the true market value of their house.
The parties will have a clearer picture of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Trustworthy estate liquidationThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails 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.
Most Americans don't have dedicated estate planners or executors to handle these issues, unlike many wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, understanding the correct value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.
Relocating to or from Osceola County?Moving due to a job change can be a real pain, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our intensive process, we recommend employees that are moving to provide remarks on the positive aspects of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.
Selling your home quickly at the right price with an appraisal from Soileau Appraisal GroupA professional appraisal can help you make a better educated decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are based on our efforts to perform the appraisal report and and aren't related to the sales price.
We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties are on the market. So, obtaining 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.