Why you should get an appraisal from

Year after year, thousands of people in purchase, sell or refinance their home. Most of these transactions have a simple line item for an appraisal. And while there are a budding number of automated home valuation systems that may appear to be less expensive than an appraisal, most lenders still need a local expert because the stakes are so high. You might believe that getting a mortgage is the only reason to acquire an appraisal, but there are additional times when the services of a certified, independent real estate professional could be beneficial.

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Dispute your tax assessment in Fairfax City County

If 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. At , we're qualified to assist you in appealing your tax assessment.

Getting rid of your PMI for mortgage payments

Private Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask homeowners to buy when the amount being loaned to the buyer is more than 80% of the actual value of the real estate. Oftentimes, this additional payment is bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

will give you a statement regarding the value of your home, and the cost of the home valuation can often be offset in a short amount of time because you'll no longer be paying the PMI.

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Get a fair valuation on a home take make a divorce settlement less stressful

A divorce is often complicated by the troublesome decision of who maintains the property, and it can be a very daunting ordeal for both parties. It's a good idea to get an appraisal from so both parties are entirely aware of the true market value of their house, regardless of the situation.

If the parties want 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 gotten a fair evaluation.

Accurate and fair estate liquidation

Losing 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 residential property involved. We ensure the fullest 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 don't have dedicated estate planners or executors to manage these issues. A home or other property often makes up an uneven share of the total estate value, so knowing the true value 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 Fairfax City County through an employee relocation program

We know the headaches involved with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide input on the positive features of their property, as well as information about any new sales or listings in their neighborhood that they want considered.

Close on your home promptly — at an accurate price

A professional appraisal will help you make a more informed decision regarding your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are based on our efforts to finish the appraisal report.

On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine 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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