Reasons to order an appraisalThousands of people in Florida purchase, sell or refinance their home every year. A lot of these transactions contain a simple line item for an appraisal. While there are a developing number of automated home valuation processes that may appear more prudent than an appraisal, nearly all lenders still need a local expert because the stakes are so high. You might think that getting a mortgage is the only reason to get an appraisal, but there are other times when the services of a licensed, independent real estate professional might be helpful. 
Appeal your tax assessmentIf you are in an area where the property value has declined, 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 equipped to assist you in disputing your tax assessment. Get rid of PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that almost all lenders ask homebuyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. More often than not, this extra payment is folded into the monthly mortgage payment and is soon forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. Giles Appraisal Group, Inc will give you a statement regarding the value of your home, and the cost of the appraisal can often be offset in just a few months because you'll no longer be paying the PMI. Get your appraisal from Giles Appraisal Group, Inc Order todaySettle a divorce with less stressA divorce is often complicated by the strenuous decision of who maintains the home, and it can be a very traumatic event for both parties. So both parties are completely aware of the true market value of their home, it's a good idea to get an appraisal from Giles Appraisal Group, Inc, regardless of the circumstances. The parties will have a clearer picture of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Ascertain an accurate and fair valuation for estate liquidationLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion. Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal. Relocate to or from Bay County for workWe understand the headaches involved with an employee relocation. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide remarks on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered. Sell your home promptly — at the right priceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees depend on our efforts to finish the appraisal report and and aren't related to the sales price. On a daily basis, we determine the difference in value items like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a reliable way to decide 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 properties are one the market. 
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