Reasons someone would need Jensen Appraisals IncThousands of people in Florida buy, sell or refinance their home every month. Most of these transactions consist of a simple line item for an appraisal. And while there are a growing number of automated home valuation systems that may appear more cost-effective than an appraisal, most lenders still call for a local expert because the stakes are incredibly high. But is obtaining a mortgage the only basis for getting an appraisal? Are there additional situations when the services of a certified, independent real estate professional might come in handy? Of course there are.
Let Jensen Appraisals Inc help you dispute your tax assessmentsIf you reside 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 Jensen Appraisals Inc is your best evidence. At Jensen Appraisals Inc, we're equipped to assist you in challenging your tax assessment.
How can you do away with PMI to lower your mortgage payment?When the amount being loaned to the buyer is more than 80% of the actual value of the real estate, most lenders ask home owners to take out an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is bad because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. 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 payments when the balance is paid down to 78% of the original value.Jensen Appraisals Inc can provide you with a statement regarding the value of your home, and the price you paid for the home valuation can often be recovered in a short amount of time because you'll no longer be paying the PMI. Settling a divorce with less stress with an appraisal from Jensen Appraisals IncA divorce is a particularly heartbreaking ordeal for the parties involved, and it is often more complicated by the challenging decision of who gets the home. It's a good idea to order an appraisal from Jensen Appraisals Inc so both parties are entirely aware of the true market value of their house, regardless of the situation.The parties will have a good idea 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 gotten a fair evaluation. Trustworthy 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion.Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these affairs. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocating to or from Palm Beach County?Moving due to a job change can be a stressful eventWe know where you're coming from! That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, along with information regarding any recent sales or listings in their area that they want considered during our detailed process.Selling your home quickly at the right priceA professional appraisal will help you make a better educated decision when determining your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees depend on our efforts to complete the appraisal report and not a percentage of the sales price.We examine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes stay on the market. So, getting a professional appraisal is a reliable way to determine 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 for an extended amount of time. |
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