6 Reasons to choose an appraisal from RJE Real Estate Appraisal Service

Each year, thousands of people in Michigan purchase, sell or refinance their home. Many of these transactions include a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that might appear to be cheaper than an appraisal. Is securing a mortgage the only reason you should get an appraisal? Are there other situations when the services of a certified, independent real estate professional might come in handy? Absolutely.

Let RJE Real Estate Appraisal Service assist you in lowering your mortgage payment

Appeal your tax assessment in Washtenaw County

If you reside 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 disputing your tax assessment.

PMI removal to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance plan that many lenders ask home owners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Seeing that additional payment is usually folded into the monthly mortgage payment, it is often 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% level. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to get rid of PMI, RJE Real Estate Appraisal Service will produce 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.

Order an appraisal from RJE Real Estate Appraisal Service

Order online

Get a fair valuation on a home for divorce settlements

A divorce is a particularly daunting event for the parties involved, and it is often even more complicated by the difficult decision of who gets the property. So both parties are entirely aware of the true market value of their home, it's a good idea to order an appraisal from RJE Real Estate Appraisal Service, regardless of the circumstances.

The parties will have a better 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 gotten a fair assessment.

Ascertain a fair and accurate valuation for estate liquidation

The loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate 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 don't have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.

Move to or from Washtenaw County through an employee relocation program

We are familiar with the stress associated with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, along with information about any recent sales or listings in their neighborhood that they want considered during our intensive inspection.

Close on your home quickly — at the right price

Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they rest on our efforts to complete the appraisal report.

On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a trusted way to decide 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 homes stay on the market.

Let RJE Real Estate Appraisal Service help you sell your home quickly at the right price