Reasons to order an appraisal from DRB AppraisalTo many, an appraisal just looks like another cost on the break-sheet for a home purchase or refinance. Most lenders still need a local expert because the stakes are so high, even though there are a budding number of automated home valuation systems that may seem more practical than an appraisal. Is getting a mortgage the only reason to get an appraisal? Are there additional times when the services of a certified, independent real estate professional might come in handy? Of course. 
Appeal your tax assessment in Blackford CountyIf you are in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in challenging your tax assessment. Eliminating PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask buyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the real estate. This additional payment is often folded into the monthly mortgage payment and is quickly forgotten. This is bad because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, DRB Appraisal will produce a statement regarding the value of your home. The expense of the home valuation can generally be offset in little time because you'll no longer be paying the PMI. Order your appraisal from DRB Appraisal today Order onlineDivorce settlement with less stressA divorce is often complicated by the challenging decision of who maintains the house, and it can be an especially horrible occurrence for both parties. It's a good idea to order an appraisal from DRB Appraisal so both parties are entirely aware of the true market value of their home, regardless of the situation. 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 received a fair evaluation. Accurate and fair estate liquidationThe death of 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 residential property involved. We guarantee 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 manage these affairs. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal. Relocate to or from Blackford County through an employee relocation programEmployee relocation is a stressful event, and we understand. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide input on the positive features of their property, along with information regarding any new sales or listings in their area that they want considered. Sell your home quickly — for the right priceA professional appraisal will help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or use the assistance 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 are based on our efforts to complete the appraisal report and not a percentage of the sales price. On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. Seeking 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, because we're experts in knowing how long houses are one the market. 
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