Why order an appraisal from Stribling-Probandt Appraisals?
To many, an appraisal just looks like another fee in the long list of items for a mortgage or refinance. Almost all lenders still call in a local expert because the stakes are so high, even though there are a growing number of automated home valuation systems that might appear 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 situations when the services of a certified, independent real estate professional could come in handy.
Let Stribling-Probandt Appraisals help you appeal your tax assessment in Tom Green County
It's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a previous assessment of your real estate, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Stribling-Probandt Appraisals is your best evidence. At Stribling-Probandt Appraisals, we're capable of assisting you in challenging your tax assessment.
Let Stribling-Probandt Appraisals help you eliminate PMI to lower your mortgage payment
When the amount being loaned to the home buyer is more than 80% of the actual value of the property, most lenders ask homeowners to buy an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
Stribling-Probandt Appraisals will provide you with a statement regarding the value of your home, and the expense of the home valuation can generally be recovered in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stress
A divorce is often complicated by the challenging decision of who keeps the property, and it can be an especially heartbreaking event for both parties. It's a good idea to order an appraisal from Stribling-Probandt Appraisals so both parties are completely aware of the true market value of their home, regardless of the circumstances.
If the parties wish to sell the home, they'll have a a good idea 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.
Fair and accurate estate liquidation with help from Stribling-Probandt Appraisals - Settling an estate
The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish 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.
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these affairs. And since a home or other property often makes up a disproportionate share of the total estate value, understanding the correct value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.
Let Stribling-Probandt Appraisals assist you in relocating to or from Tom Green County
We are aware of the headaches associated with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive process, we recommend employees that are moving to provide input on the positive features of their property, along with information regarding any new sales or listings in their neighborhood that they want considered.
Let Stribling-Probandt Appraisals assist you in selling your home quickly at the right price
A professional appraisal will help you make a better educated decision regarding your asking price, whether you choose 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. Our fees aren't contingent upon the value we come up with, but rather they are based on our efforts to finish the appraisal.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses stay on the market. So, getting a professional appraisal is a trusted way to determine 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 too long, costing you hassle and money.