Why you should order an appraisalTo many, an appraisal just looks like one more thing in the long list of items for a home purchase or refinance. While there are an increasing number of automated home valuation methods that might appear to be more practical than an appraisal, nearly all lenders still call in a local expert because the stakes are incredibly high. Is securing a mortgage the only reason you should get an appraisal? Are there also situations when the services of a certified, independent real estate professional might be beneficial? You bet. 
Dispute your tax assessmentIf you live in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Diversified Appraisal is your best evidence when building your case. At Diversified Appraisal, we're qualified to 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 property, many lenders ask homeowners to purchase this extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Most often, this extra payment is folded into the monthly mortgage payment and is quickly forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the United States Congress passed 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 get rid of PMI, Diversified Appraisal can provide you with a statement regarding the value of your home. The cost of the home valuation can often be regained in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from Diversified Appraisal Order todayGet a fair valuation on a home for divorce settlementsA divorce can be a very horrible event for both parties, and it is often even more complicated by the difficult decision of who gets the home. Regardless of the circumstances, it's a good idea to order an appraisal from Diversified Appraisal so both parties are completely aware of the true market value of their home. If the parties wish to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Fair and accurate estate liquidationThe death of a loved one is a difficult 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the utmost degree of discretion. Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal. Move to or from Huntingdon County for workWe are familiar with the headaches associated with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide feedback on the positive aspects of their property, as well as information about any new sales or listings in their area that they want considered. Close on your home quickly — at the right priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees rest on our efforts to complete the appraisal report and not a percentage of the sales price. On a daily basis, we determine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long propertiesstay on the market. So, seeking a professional appraisal is a reliable way to decide 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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