Let Community Appraisal attend to your appraisal needsEach year, thousands of people in Michigan buy, sell or refinance their home. A lot of these transactions include a simple line item for an appraisal. And while there are a growing number of automated home valuation methods that may appear less expensive than an appraisal, nearly all lenders still call for a local expert because the stakes are incredibly high. You might believe that securing a mortgage is the only reason to get an appraisal, but there are additional situations when the services of a licensed, independent real estate professional might come in handy. 
Contest your tax assessment in Oakland CountyIf you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in disputing your tax assessment. PMI removal to lower a mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the property, almost all lenders ask homebuyers to buy this supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often lumped 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 - dips below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Community Appraisal will produce a statement regarding the value of your home. The expense of the home valuation can usually be offset in little time because you'll no longer be paying the PMI. Order an appraisal from Community Appraisal Order todaySettle a divorce with less stressA divorce is an especially traumatic event for the parties involved, and it is often even more complicated by the troublesome decision of who gets the home. It's a good idea to get an appraisal from Community Appraisal so both parties are completely aware of the true market value of their property, regardless of the circumstances. If the parties need to sell the home, they'll have a a good idea 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 assessment. Accurate and fair estate liquidationThe death of 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 Fair 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 utmost degree of discretion. Most Americans do not have dedicated estate planners or executors to handle these affairs, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Oakland County through an employee relocation programEmployee relocation is a stressful event, and we understand. That being said, we take great care in setting up an accommodating 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 area that they want considered during our thorough inspection. Sell your home promptly — at the right priceA professional appraisal will help you make a more informed decision regarding your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees rest on our efforts to complete the appraisal report and not a percentage of the sales price. We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a reliable 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 are one the market. 
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