Ordering an appraisal from ADI GroupTo many, an appraisal is simply a line item on the break-sheet for a mortgage or refinance. And even though there are an increasing number of automated home valuation methods that might appear more practical than an appraisal, nearly all lenders still call for a local expert because the stakes are very high. But is securing a mortgage the only basis for getting an appraisal? Are there also cases when the services of a licensed, independent real estate professional could be helpful? You bet there are.
Let ADI Group help you dispute your tax assessment in Snohomish CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are based upon a past assessment of your real estate, so if values have gone down in your area, you can challenge your assessment and save money. An appraisal from ADI Group is your best evidence when building your case. At ADI Group, we're capable of assisting you in appealing your tax assessment.
Eliminating PMI will lower your mortgage paymentWhen the amount being loaned to the home buyer is more than 80% of the actual value of the real estate, most lenders ask homebuyers to purchase an added insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
ADI Group can provide you with a statement regarding the value of your home, and the cost of the home valuation can usually be offset in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the burdensome decision of who gets the property, and it can be an especially heartbreaking event for both parties. It's a good idea to get an appraisal from ADI Group so both parties are fully aware of the true market value of their home, regardless of the circumstances.
If the parties need to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Fair and accurate estate liquidationThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish 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 maximum degree of discretion.
Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these matters. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.
ADI Group can help you with relocating to or from Snohomish CountyWe are aware of the headaches involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our thorough process.
Sell your home quickly at the right price with an appraisal from ADI GroupWhether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your asking price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't related to the sales price, but rather they depend on our efforts to complete the appraisal.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long properties are on the market. So, getting 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.