Let Certified Residential Inc attend to your appraisal needsThousands of people in Ohio purchase, sell or refinance their home every month. Most of these transactions have a simple line item for an appraisal. While there are an increasing number of automated home valuation processes that might appear more economical than an appraisal, almost all lenders still want a local expert because the stakes are incredibly high. Is securing a mortgage the only reason to acquire an appraisal? Are there additional instances when the services of a certified, independent real estate professional might be beneficial? Of course there are. 
Contest your tax assessmentIt's quite possible 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 home, so if prices have declined in your neighborhood, you can challenge your assessment and save money. An appraisal from Certified Residential Inc is your best evidence when building your case. We can assist you in appealing your tax assessment. PMI removal to lower a mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the home, nearly all lenders ask buyers to purchase this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. Certified Residential Inc can produce a statement regarding the value of your home, and the cost of the appraisal can usually be regained in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Certified Residential Inc Order todaySettle a divorce with less stressA divorce can be a particularly traumatic experience for both parties, and it is often even more complicated by the burdensome decision of who gets the house. It's a good idea to order an appraisal from Certified Residential Inc so both parties are entirely aware of the true market value of their home, regardless of the situation. If the parties need to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Determine an accurate and fair 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 calls for an appraisal to establish Fair Market Value for the real estate 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). Most Americans don't have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Fairfield County for workEmployee relocation is a stressful event, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide input on the positive features of their property, as well as information regarding any new sales or listings in their area that they want considered. Close on your home promptly — at an accurate priceWhether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to complete the appraisal report. We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesstay on the market. So, obtaining 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. 
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