Reasons to get an appraisal from Giles Appraisal Group, IncThousands of people in Florida purchase, sell or refinance their home each month. A lot of these transactions involve a simple line item for an appraisal. And even though there are an increasing number of automated home valuation systems that might appear more practical than an appraisal, nearly all lenders still need a local expert because the stakes are incredibly high. Is obtaining a mortgage the only reason you should get an appraisal? Are there other instances when the services of a certified, independent real estate professional could be beneficial? Of course there are. 
Contest your tax assessment in Bay CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your house, so if values have declined in your area, you can appeal your assessment and save money. An appraisal from Giles Appraisal Group, Inc is your best evidence when building your case. We're equipped to assist you in appealing your tax assessment. Get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the property, almost all lenders ask buyers to purchase this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often lumped into the monthly mortgage payment and is soon forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Giles Appraisal Group, Inc can give you a statement regarding the value of your home. The expense of the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Giles Appraisal Group, Inc Order todayGet a clear valuation on a home take make a divorce settlement less stressfulA divorce can be an especially daunting ordeal for both parties, and it is often further complicated by the hard decision of who gets the house. Regardless of the situation, it's a good idea to get an appraisal from Giles Appraisal Group, Inc so both parties are fully aware of the true market value of their house. The parties will have a a good idea of what price to set, if they want to sell the home. And on the flip side, 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 hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. We ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these affairs. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Bay County for workWe are familiar with the headaches associated with an employee relocation. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide remarks on the positive characteristics of their property, along with information regarding any new sales or listings in their area that they want considered. Close on your home promptly — for an accurate priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you want 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 amount the house sells for. Our fees aren't related to the sales price, but rather they are calculated on our efforts to finish the appraisal report. On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. Getting a professional appraisal is a reliable way to determine what improvements will add value and what an applicable 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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