There are lots of reasons consumers call on Evaluating Property in the MidSouth (EPM)To a lot of people, an appraisal just looks like one more thing on the settlement sheet for a home purchase or refinance. While there are a budding number of automated home valuation systems that may seem cheaper than an appraisal, almost all lenders still want a local expert because the stakes are incredibly high. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are other situations when the services of a licensed, independent real estate professional might come in handy.
Let Evaluating Property in the MidSouth (EPM) help you dispute your tax assessment in Shelby CountyIt's likely you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are based upon a previous assessment of your home, so if values have declined in your area, you can challenge your assessment and save money. An appraisal from Evaluating Property in the MidSouth (EPM) is your best evidence when building your case. At Evaluating Property in the MidSouth (EPM), we're equipped to assist you in challenging your tax assessment.
Let Evaluating Property in the MidSouth (EPM) assist you in lowering your mortgage paymentWhen the amount being loaned to the home owner is more than 80% of the actual value of the home, most lenders ask homeowners to buy an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring 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, Evaluating Property in the MidSouth (EPM) can produce a statement regarding the value of your home. The price you paid for the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
An appraisal from Evaluating Property in the MidSouth (EPM) will help you settle a divorce with less stressA divorce is often complicated by the difficult decision of who gets the house, and it can be a very heartbreaking event for both parties. So both parties are completely aware of the true market value of their home, it's a good idea to order an appraisal from Evaluating Property in the MidSouth (EPM), regardless of the circumstances.
The parties will have a good idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Fair and accurate estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the real estate involved. We guarantee 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 take care of these issues. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the absolute value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Let Evaluating Property in the MidSouth (EPM) assist you in relocating to or from Shelby CountyMoving due to a job change is a real pain. We know where you're coming from. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, along with information about any new sales or listings in their neighborhood that they want considered during our detailed process.
Sell your home quickly at the right price with an appraisal from Evaluating Property in the MidSouth (EPM)A professional appraisal will help you make a more informed decision regarding your selling 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 price the house sells for, which is different than the interest of real estate agents. Our fees aren't contingent upon the value we report, but rather they depend on our efforts to finish the appraisal.
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 houses stay on the market. So, seeking a professional appraisal is a trusted way to determine 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 for an extended amount of time.