Reasons to choose an appraisal from M B Realty & AppraisalsTo many, an appraisal is simply one more thing on the break-sheet for a home purchase or refinance. And while there are a budding number of automated home valuation systems that might appear to be more practical than an appraisal, almost all lenders still want a local expert because the stakes are very high. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are other times when the services of a certified, independent real estate professional might be beneficial. 
Challenge your tax assessment in Saint James 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 M B Realty & Appraisals is your best evidence when building your case. We can assist you in challenging your tax assessment. Eliminating PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an additional insurance plan that many lenders ask buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the home. This added payment is often folded into the monthly mortgage payment and is quickly forgotten. PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. M B Realty & Appraisals will give you a statement regarding the value of your home, and the expense of the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from M B Realty & Appraisals Order todayGet a fair valuation on a home take make a divorce settlement less stressfulA divorce is often complicated by the strenuous decision of who gets the home, and it can be a very daunting event for both parties. So both parties are entirely aware of the true market value of their property, it's a good idea to order an appraisal from M B Realty & Appraisals, regardless of the circumstances. If the parties wish to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Determine a fair and accurate valuation for estate liquidationThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion. Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Relocate to or from Saint James County for workWe understand the stress involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide remarks on the positive attributes of their property, along with information regarding any recent sales or listings in their area that they want considered. Sell your home promptly - for an accurate priceWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't a percentage of the sales price, but rather they are based on our efforts to finish the appraisal report. On a daily basis, we examine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, obtaining a professional appraisal is a reliable way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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