Reasons to order an appraisalTo a lot of people, an appraisal is simply another cost in the long list of items for a home purchase or refinance. And while there are a developing number of automated home valuation methods that might appear more practical than an appraisal, almost all lenders still need a local expert because the stakes are very high. You might believe that obtaining a mortgage is the only reason you should get an appraisal, but there are more instances when the services of a certified, independent real estate professional might come in handy. 
Challenge your tax assessment in Okaloosa CountyIt's probable you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your real estate, so if prices have gone down in your area, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. At Kelly Appraisal Firm, LLC, we're capable of assisting you in disputing your tax assessment. Removing PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an added insurance plan that almost all lenders ask buyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. Oftentimes, this extra payment is bundled into the monthly mortgage payment and is promptly forgotten. This is bad because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. Kelly Appraisal Firm, LLC will give you a statement regarding the value of your home, and the price you paid for the home valuation can usually be regained in little time because you'll no longer be paying the PMI. Order your appraisal from Kelly Appraisal Firm, LLC today Order todayGet a clear valuation on a home take make a divorce settlement less stressfulA divorce can be an especially horrible event for both parties, and it is often further complicated by the difficult decision of who gets the property. So both parties are completely aware of the true market value of their house, it's a good idea to order an appraisal from Kelly Appraisal Firm, LLC, 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 received a fair evaluation. Fair and accurate estate liquidationThe death of a loved one is a hard 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. We guarantee the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these issues. And since a home or other property often makes up an unequal share of the total estate value, understanding the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from Okaloosa County through an employee relocation programWe know the headaches associated with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information about any new sales or listings in their area that they want considered during our intensive inspection. Close on your home quickly — at the right priceA professional appraisal will help you make a more informed decision regarding your asking price, whether you want to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't a percentage of the sales price, but rather they are based on our efforts to complete the appraisal report. We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Getting 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 properties are one the market. 
|