Why you should get an appraisal from Giles Appraisal Group, IncTo many, an appraisal is simply one more thing on the break-sheet for a home sale or refinance. While there are a growing number of automated home valuation processes that might appear more practical than an appraisal, almost all lenders still want a local expert because the stakes are so high. You might believe that securing a mortgage is the only reason you should get an appraisal, but there are additional cases when the services of a certified, independent real estate professional could come in handy. 
Challenge your tax assessmentIf you are in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from Giles Appraisal Group, Inc is your best evidence when building your case. At Giles Appraisal Group, Inc, we're capable of assisting you in challenging your tax assessment. Get rid of PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that most lenders ask homeowners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the home. More often than not, this extra payment is bundled into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented 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 eliminate PMI, Giles Appraisal Group, Inc will produce a statement regarding the value of your home. The expense of the appraisal can generally be recovered in just a few months because you'll no longer be paying the PMI. Get your appraisal from Giles Appraisal Group, Inc Order todayDivorce settlement with less stressA divorce is often complicated by the strenuous decision of who gets the home, and it can be a particularly horrible experience for both parties. So both parties are completely aware of the true market value of their property, it's a good idea to order an appraisal from Giles Appraisal Group, Inc, regardless of the circumstances. The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Accurate and fair estate liquidationLosing a loved one is a difficult 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 don't have dedicated estate planners or executors to manage these issues. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Move to or from Bay County for workEmployee relocation is a stressful event, and we understand. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, as well as information about any new sales or listings in their neighborhood that they want considered during our thorough inspection. Sell your home promptly — for the right priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you want 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, apart from real estate agents. Our fees depend on our efforts to complete the appraisal report and and aren't related to the sales price. On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long housesare on the market. So, seeking a professional appraisal is a reliable way to decide 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. 
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