Reasons you should order an appraisal from Irvine Appraising CompanyThousands of people in Utah purchase, sell or refinance their home every month. A lot of these transactions consist of a simple line item for an appraisal. Almost all lenders still call in a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation processes that may appear to be less expensive than an appraisal. You might think that securing a mortgage is the only reason you should get an appraisal, but there are additional cases when the services of a certified, independent real estate professional could be beneficial. 
Appeal your tax assessmentIt's possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are determined by a past assessment of your home, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from Irvine Appraising Company is your best evidence when building your case. At Irvine Appraising Company, we're qualified to assist you in appealing your tax assessment. Getting rid of your PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that many lenders ask home buyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the property. This added payment is often lumped into the monthly mortgage payment and is promptly forgotten. This is bad because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Irvine Appraising Company can give you a statement regarding the value of your home. The cost of the appraisal can generally be offset in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from Irvine Appraising Company Order onlineGet a fair valuation on a home take make a divorce settlement less stressfulA divorce can be a very horrible event for both parties, and it is often more complicated by the burdensome decision of who keeps the home. So both parties are completely aware of the true market value of their house, it's a good idea to order an appraisal from Irvine Appraising Company, regardless of the circumstances. 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. Accurate and fair 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 highest degree of discretion. Most Americans do not have dedicated estate planners or executors to handle these issues, unlike 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 gotten a fair deal. Move to or from Salt Lake County for workWe know the headaches associated with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered during our intensive inspection. Sell your home promptly — at the right priceA professional appraisal can help you make a more informed decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't related to the sales price, but rather they depend on our efforts to complete the appraisal report. On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate 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. 
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