Why you should get an appraisal from S&N Appraisal, Inc

To a lot of people, an appraisal is simply a line item in the long list of items for a home purchase or refinance. Most lenders still call in a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation methods that might seem more practical than an appraisal. But is getting a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a licensed, independent real estate professional might come in handy? Absolutely.

Contact S&N Appraisal, Inc if you're planning on any transaction where the value of your home is a factor. Just click here

Appeal your tax assessment in Manatee County

If you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from S&N Appraisal, Inc is your best evidence. At S&N Appraisal, Inc,we can assist you in challenging your tax assessment.

Let S&N Appraisal, Inc assist you in lowering your mortgage payment

When the amount being loaned to the home owner is more than 80% of the actual value of the real estate, most lenders ask homeowners to buy an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to dismiss the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

S&N Appraisal, Inc 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.

An appraisal from S&N Appraisal, Inc will help you settle a divorce with less stress

A divorce is a particularly traumatic event for the parties involved, and it is often even more complicated by the challenging decision of who keeps the home. So both parties are completely aware of the true market value of their house, it's a good idea to order an appraisal from S&N Appraisal, Inc, regardless of the circumstances.

The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Fair and accurate estate liquidation

The loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the real estate involved. We ensure 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 wealthier individuals, most Americans do not have dedicated estate planners or executors to handle these affairs. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.

Let S&N Appraisal, Inc help you with relocating to or from Manatee County

Moving due to a job change is a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest employees that are moving to provide input on the positive features of their property, along with information regarding any recent sales or listings in their area that they want considered.

Selling your home quickly at the right price

Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't related to the sales price, but rather they depend on our efforts to complete the appraisal.

On a daily basis, we determine 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, obtaining a professional appraisal is a trusted 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 an unnecessarily long time.