Reasons to consider an appraisal from Jennifer Quinn Appraisals, Inc

To a lot of us, an appraisal just looks like another fee in the long list of items for a home sale or refinance. Almost all lenders still call in a local expert because the stakes are very high, even though there are a budding number of automated home valuation systems that may appear more practical than an appraisal. Is securing a mortgage the only reason you should get an appraisal? Are there also instances when the services of a certified, independent real estate professional might be beneficial? You bet there are.

Let Jennifer Quinn Appraisals, Inc help you lower your mortgage payment

Appeal your tax assessment

It's probable you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a previous assessment of your home, so if values are less than what they used to be in your neighborhood, you can appeal your assessment and save money. An appraisal from Jennifer Quinn Appraisals, Inc is your best evidence when building your case. At Jennifer Quinn Appraisals, Inc, we're equipped to assist you in challenging your tax assessment.

PMI removal to reduce a mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance plan that almost all lenders ask homebuyers to buy when the amount being loaned to the home owner is more than 80% of the actual value of the home. This extra payment is often lumped into the monthly mortgage payment and is promptly forgotten. This is unfortunate because PMI isn't necessary 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 do away with the PMI installments when the loan-to-value ratio conditions have been met.

Jennifer Quinn Appraisals, Inc will provide you with a statement regarding the value of your home, and the price you paid for the appraisal can often be regained in a short amount of time because you'll no longer be paying the PMI.

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Divorce settlement with less stress

A divorce can be an especially daunting experience for both parties, and it is often even more complicated by the challenging decision of who keeps the property. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from Jennifer Quinn Appraisals, Inc, regardless of the circumstances.

If the parties wish to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Ascertain a fair and accurate valuation for estate liquidation

Losing a loved one is a painful 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 fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Most Americans don't have dedicated estate planners or executors to handle these matters, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Move to or from Lane County through an employee relocation program

Employee relocation can be a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, along with information regarding any new sales or listings in their area that they want considered during our intensive inspection.

Sell your home promptly — at an accurate price

A professional appraisal can help you make a better educated decision regarding your selling price, whether you decide 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 price the house sells for. Our fees rest 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. Obtaining a professional appraisal is a trusted 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 houses are one the market.

Let Jennifer Quinn Appraisals, Inc assist you in selling your home quickly at the right price