6 Reasons to consider an appraisal from RJE Real Estate Appraisal ServiceThousands of people in Michigan purchase, sell or refinance their home each year. Many of these transactions consist of a simple line item for an appraisal. Most lenders still call for a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that may appear to be more economical than an appraisal. You might believe that securing a mortgage is the only basis for getting an appraisal, but there are more situations when the services of a licensed, independent real estate professional might come in handy. 
Appeal your tax assessmentIf you live in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from RJE Real Estate Appraisal Service is your best evidence when building your case. We can assist you in challenging your tax assessment. Getting rid of your PMI for mortgage paymentsWhen the amount being loaned to the buyeris more than 80% of the actual value of the home, almost all lenders ask home buyers to take out this added insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. RJE Real Estate Appraisal Service will give you a statement regarding the value of your home, and the cost of the appraisal can usually be offset in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from RJE Real Estate Appraisal Service Order todayDivorce settlement with fewer hang-upsA divorce can be a particularly horrible ordeal for both parties, and it is often further complicated by the strenuous decision of who maintains the home. It's a good idea to order an appraisal from RJE Real Estate Appraisal Service so both parties are fully aware of the true market value of their house, regardless of the circumstances. The parties will have a a good idea 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 calls for 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 utmost degree of discretion. Most Americans do not have dedicated estate planners or executors to take care of these affairs, unlike wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from Washtenaw County for workEmployee relocation is a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide feedback on the positive aspects of their property, as well as information about any current sales or listings in their area that they want considered. Close on your home quickly — for the right priceWhether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees rest on our efforts to finish the appraisal report and and aren't related to the sales price. We examine 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 trusted way to decide what improvements will add value and what an applicable 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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