Let Hardesty Appraisals handle your appraisalTo many, an appraisal just looks like a line item on the break-sheet for a mortgage or refinance. The majority of lenders still call for a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation processes that may appear to be more economical than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there other times when the services of a licensed, independent real estate professional might be helpful? You bet.
Let Hardesty Appraisals help you challenge your tax assessment in Spencer CountyIt's likely you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a previous assessment of your home, so if prices have gone down in your area, you can challenge your assessment and save money. When building your case, an appraisal from Hardesty Appraisals is your best evidence. At Hardesty Appraisals,we can assist you in challenging your tax assessment.
Getting rid of your PMI will lower your mortgage paymentWhen the amount being loaned to the home owner is more than 80% of the actual value of the property, many lenders ask home owners to buy an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this extra payment is bundled 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 - goes below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.
Hardesty Appraisals can produce a statement regarding the value of your home, and the price you paid for the appraisal can often be offset in a short amount of time because you'll no longer be paying the PMI.
An appraisal from Hardesty Appraisals will help you settle a divorce with less stressA divorce is a particularly daunting ordeal for the parties involved, and it is often further complicated by the challenging decision of who maintains the home. It's a good idea to get an appraisal from Hardesty Appraisals so both parties are fully aware of the true market value of their house, regardless of the situation.
The parties will have a better 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.
Settling an estate with peace of mindLosing 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 real estate involved. We guarantee the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. 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 essential importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Hardesty Appraisals can help you with relocating to or from Spencer CountyEmployee relocation can be a real pain, 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 feedback on the positive features of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.
Let Hardesty Appraisals help you sell your home quickly at the right priceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision regarding your selling price. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are derived from our efforts to complete the appraisal report and not a percentage of the sales price.
We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a reliable way to decide what improvements will add value and what a suitable 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.