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Why you should order an appraisal from Elite Appraisal Services

To a lot of us, an appraisal just looks like a line item on the settlement sheet for a mortgage or refinance. Almost all lenders still call for a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation systems that might appear cheaper than an appraisal. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are other situations when the services of a certified, independent real estate professional might come in handy.

Let Elite Appraisal Services help you lower your mortgage payment

Dispute your tax assessment

It's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are determined by a previous assessment of your house, so if prices have declined in your area, you can challenge your assessment and save money. An appraisal from Elite Appraisal Services is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment.

Get rid of PMI to lower your mortgage payment

When the amount being loaned to the home buyeris more than 80% of the actual value of the home, nearly all lenders ask homeowners to buy 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. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.

Elite Appraisal Services will provide you with a statement regarding the value of your home, and the cost of the appraisal can often be offset in little time because you'll no longer be paying the PMI.

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Divorce settlement with less stress

A divorce can be an especially daunting ordeal for both parties, and it is often further complicated by the challenging decision of who gets the property. 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 situation.

The parties will have a clearer picture of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Determine a fair and accurate valuation for estate liquidation

The death 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 guarantee the fullest 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 don't have dedicated estate planners or executors to take care of these issues. 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 significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Move to or from Brazoria County through an employee relocation program

We are familiar with the stress involved with an employee relocation. That's why 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 feedback on the positive attributes of their property, as well as information regarding any new sales or listings in their area that they want considered.

Sell your home quickly — at the right price

Whether you want 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 when determining your selling price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to finish the appraisal report.

We determine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. 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 houses stay on the market.

Let Elite Appraisal Services assist you in selling your home quickly at the right price