Why you should order an appraisal from Schuyler Valuation Services, LLCTo a lot of us, an appraisal is simply a line item on the settlement sheet for a mortgage or refinance. Almost all lenders still need a local expert because the stakes are very high, even though there are a budding number of automated home valuation processes that might appear to be more economical than an appraisal. Is securing a mortgage the only reason you should get an appraisal? Are there other cases when the services of a certified, independent real estate professional might come in handy? Absolutely. 
Challenge your tax assessmentIt's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your real estate, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. An appraisal from Schuyler Valuation Services, LLC is your best evidence when building your case. At Schuyler Valuation Services, LLC, we're capable of assisting you in appealing your tax assessment. Remove PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask homebuyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Most often, this extra payment is lumped into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Schuyler Valuation Services, LLC will produce a statement regarding the value of your home. The cost of the appraisal can usually be offset in little time because you'll no longer be paying the PMI. Order an appraisal from Schuyler Valuation Services, LLC Order todaySettle a divorce with fewer hang-upsA divorce is often complicated by the troublesome decision of who maintains the property, and it can be an especially daunting event for both parties. It's a good idea to get an appraisal from Schuyler Valuation Services, LLC so both parties are entirely aware of the true market value of their home, regardless of the situation. The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Accurate and fair 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 residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion. Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these issues. And since a home or other property often makes up an unequal share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from Schenectady County for workEmployee relocation is a stressful event, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our detailed inspection. Sell your home promptly — for the right priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't a percentage of the sales price, but rather they are based on our efforts to finish the appraisal report. We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homesare on the market. So, seeking a professional appraisal is a reliable 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 an unnecessarily long time. 
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