Reasons to order an appraisal from South Shore Realty Advisors, IncEvery year, thousands of people in Massachusetts buy, sell or refinance their home. A lot of these transactions involve a simple line item for an appraisal. While there are an increasing number of automated home valuation processes that might seem more cost-effective than an appraisal, practically all lenders still want a local expert because the stakes are very high. You might believe that obtaining a mortgage is the only reason you should get an appraisal, but there are additional times when the services of a licensed, independent real estate professional could be helpful. 
Appeal your tax assessment in Plymouth 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 South Shore Realty Advisors, Inc, we're capable of assisting you in challenging your tax assessment. Eliminating PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an extra insurance policy that nearly all lenders ask buyers to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the home. Oftentimes, this extra payment is bundled into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. South Shore Realty Advisors, Inc will give you a statement regarding the value of your home, and the expense of the home valuation can often be recovered in just a few months because you'll no longer be paying the PMI. Order your appraisal from South Shore Realty Advisors, Inc today Order todayDivorce settlement with less stressA divorce can be an especially traumatic ordeal for both parties, and it is often further complicated by the troublesome decision of who maintains the house. It's a good idea to order an appraisal from South Shore Realty Advisors, Inc so both parties are fully aware of the true market value of their property, regardless of the circumstances. 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 gotten a fair evaluation. Determine a fair and accurate valuation for estate liquidationThe death 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 residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion. Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Plymouth County for workWe know the stress involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide remarks on the positive characteristics of their property, along with information regarding any recent sales or listings in their area that they want considered. Close on your home quickly — for the right priceA professional appraisal will help you make a more informed decision regarding your asking price, whether you want to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are calculated on our efforts to finish 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 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 are one the market. 
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