Why you should get an appraisal from PARAMOUNT RESOURCESTo a lot of us, an appraisal just looks like one more thing in the long list of items for a home sale or refinance. Even though there are a budding number of automated home valuation systems that may appear to be cheaper than an appraisal, almost all lenders still call in a local expert because the stakes are so high. But is securing a mortgage the only reason you should get an appraisal? Are there more instances when the services of a licensed, independent real estate professional could be beneficial? You bet.
Dispute your tax assessment in Tulsa CountyIf you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from PARAMOUNT RESOURCES is your best evidence when building your case. At PARAMOUNT RESOURCES, we're capable of assisting 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 real estate, most lenders ask buyers to buy an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to eliminate PMI, PARAMOUNT RESOURCES will produce a statement regarding the value of your home. The cost of the appraisal can often be offset in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from PARAMOUNT RESOURCESA divorce is an especially traumatic event for the parties involved, and it is often further complicated by the burdensome decision of who maintains the house. It's a good idea to order an appraisal from PARAMOUNT RESOURCES so both parties are fully aware of the true market value of their home, regardless of the situation.
The parties will have a better idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Accurate and fair estate liquidation with PARAMOUNT RESOURCESSettling an estateThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property 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).
Most Americans don't have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the correct value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal.
Relocating to or from Tulsa CountyMoving due to a job change 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. We encourage relocating employees to provide remarks on the positive features of their property, along with information regarding any new sales or listings in their area that they want considered during our intensive process.
Selling your home quickly at the right priceWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees aren't contingent upon the value opinion we render, but rather they depend on our efforts to finish the appraisal.
We determine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes stay on the market. So, obtaining 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 for an extended amount of time.