Why order an appraisal from Coast to Country Realty & Appraisal?Each year, thousands of people purchase, sell or refinance their property. A lot of these transactions consist of an appraisal. And even though there are an increasing number of automated home valuation processes that may seem more practical than an appraisal, most lenders still need a local expert because the stakes are incredibly high. You might believe that securing a mortgage is the only reason to acquire an appraisal, but there are additional instances when the services of a certified, independent real estate professional could be helpful.
How can you do away with PMI to lower your mortgage payment?Private Mortgage Insurance, or PMI, is an added insurance policy that many lenders ask buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. This additional payment is often bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Coast to Country Realty & Appraisal can provide you with a statement regarding the value of your home, and the price you paid for the appraisal can usually be regained in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Coast to Country Realty & AppraisalA divorce is often complicated by the challenging decision of who gets the home, and it can be a particularly heartbreaking experience for both parties. It's a good idea to get an appraisal from Coast to Country Realty & Appraisal so both parties are entirely aware of the true market value of their home, regardless of the situation.
If the parties want to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Settling an estate with peace of mindLosing a loved one is a painful 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 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 manage these matters, unlike many wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, understanding the certain value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.
Let Coast to Country Realty & Appraisal help you sell your home quickly at the right priceA professional appraisal will help you make a better educated decision regarding your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what amount the house sells for. The price we charge isn't related to the sales price, but rather they are based on our efforts to finish the appraisal.
On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. Obtaining 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 stay on the market.