Why you should order an appraisal from Appraisal Specialists of Iowa, LLCYear after year, thousands of people in Iowa buy, sell or refinance their home. Most of these transactions include a simple line item for an appraisal. And while there are an increasing number of automated home valuation methods that may seem more economical than an appraisal, the majority of lenders still call in a local expert because the stakes are so high. Is obtaining a mortgage the only reason to get an appraisal? Are there more times when the services of a certified, independent real estate professional could be beneficial? Of course. 
Dispute your tax assessmentIf 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 us is your best evidence. At Appraisal Specialists of Iowa, LLC, we're capable of assisting you in disputing your tax assessment. Remove PMI to lower your mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the real estate, almost all lenders ask home buyers to buy this added insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is damaging because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Appraisal Specialists of Iowa, LLC can provide you with a statement regarding the value of your home. The price you paid for the home valuation can often be regained in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from Appraisal Specialists of Iowa, LLC Order onlineDivorce settlement with less stressA divorce is often complicated by the burdensome decision of who maintains the house, and it can be a particularly horrible experience for both parties. It's a good idea to order an appraisal from Appraisal Specialists of Iowa, LLC so both parties are entirely aware of the true market value of their home, 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. Accurate and fair estate liquidationThe loss of a loved one is a difficult 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 ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal. Relocate to or from Polk County for workEmployee relocation can be a stressful event, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, as well as information regarding any recent sales or listings in their area that they want considered during our detailed inspection. Close on your home promptly — for an accurate priceA professional appraisal can help you make a more informed decision regarding your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price. On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine 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 properties are one the market. 
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