6 Reasons to order an appraisal from South Shore Realty Advisors, IncTo a lot of us, an appraisal is simply one more thing in the long list of items for a mortgage or refinance. While there are a multiplying number of automated home valuation methods that might appear more economical than an appraisal, almost all lenders still want a local expert because the stakes are incredibly high. You might think that obtaining a mortgage is the only basis for getting an appraisal, but there are more cases when the services of a certified, independent real estate professional might come in handy. 
Challenge your tax assessmentIt's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are based upon a past assessment of your real estate, so if prices have gone down in your area, you can appeal your assessment and save money. An appraisal from South Shore Realty Advisors, Inc is your best evidence when building your case. We can assist you in appealing your tax assessment. Getting rid of your PMI for mortgage paymentsWhen the amount being loaned to the homeowneris more than 80% of the actual value of the property, almost all lenders ask buyers to buy this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. South Shore Realty Advisors, Inc can give you a statement regarding the value of your home, and the expense of the home valuation can generally be offset in a short amount of time because you'll no longer be paying the PMI. Order your appraisal from South Shore Realty Advisors, Inc today Order onlineDivorce settlement with less stressA divorce is often complicated by the strenuous decision of who maintains the house, and it can be an especially daunting occurrence for both parties. Regardless of the circumstances, it's a good idea to get an appraisal from South Shore Realty Advisors, Inc so both parties are completely aware of the true market value of their house. The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Fair and accurate estate liquidationThe loss of a loved one is a difficult 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. We guarantee 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 wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal. Move to or from Plymouth County through an employee relocation programEmployee relocation is a stressful event, and we understand. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information about any recent sales or listings in their area that they want considered during our thorough inspection. Close on your home quickly — for an accurate priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision when determining your asking price. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees aren't a percentage of the sales price, but rather they rest on our efforts to finish the appraisal report. On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a reliable way to decide 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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