6 Reasons to choose an appraisal from Elite Appraisal ServicesEvery year, thousands of people in Texas purchase, sell or refinance their home. A lot of these transactions involve a simple line item for an appraisal. And while there are a developing number of automated home valuation processes that may appear to be cheaper than an appraisal, most lenders still call in a local expert because the stakes are so high. Is obtaining a mortgage the only reason you should get an appraisal? Are there also times when the services of a certified, independent real estate professional might be beneficial? Of course. 
Challenge your tax assessment in Brazoria CountyIf you are in an area where the property value has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At Elite Appraisal Services, we're capable of assisting you in challenging your tax assessment. Removing PMI for mortgage paymentsWhen the amount being loaned to the home buyeris more than 80% of the actual value of the home, many lenders ask homebuyers to take out this extra insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often bundled into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress invoked 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 eliminate PMI, Elite Appraisal Services will provide you with a statement regarding the value of your home. The expense of the appraisal can usually be recovered in little time because you'll no longer be paying the PMI. Get your appraisal from Elite Appraisal Services Order todayDivorce settlement with less stressA divorce can be a very traumatic ordeal for both parties, and it is often even more complicated by the challenging decision of who maintains the house. So both parties are fully aware of the true market value of their home, it's a good idea to get an appraisal from Elite Appraisal Services, regardless of the circumstances. If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Fair and accurate estate liquidationThe loss of a loved one is a hard 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion. Most Americans do not have dedicated estate planners or executors to handle these matters, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from Brazoria County through an employee relocation programWe understand the stress associated with an employee relocation. We take great care in setting up a convenient appointment time for the appraisal inspection. During our intensive inspection, we encourage relocating employees to provide input on the positive features of their property, as well as information about any current sales or listings in their area that they want considered. Close on your home promptly — at an accurate priceWhether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to complete the appraisal report and and aren't related to 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 trusted way to decide what improvements will add value and what an applicable 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 homes are one the market. 
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