Reasons to order an appraisal from Crane Appraisal ServiceTo many, an appraisal is simply another fee on the break-sheet for a mortgage or refinance. Nearly all lenders still want a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation systems that might appear to be cheaper than an appraisal. Is getting a mortgage the only reason to acquire an appraisal? Are there additional cases when the services of a certified, independent real estate professional might be beneficial? Of course there are. 
Contest your County tax assessmentIf you are in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Crane Appraisal Service is your best evidence when building your case. At Crane Appraisal Service, we're equipped to assist you in appealing your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the property, almost all lenders ask home owners to take out this additional 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 remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. Crane Appraisal Service will give you a statement regarding the value of your home, and the price you paid for the home valuation can usually be regained in just a few months because you'll no longer be paying the PMI. Order an appraisal from Crane Appraisal Service Order todaySettle a divorce with less stressA divorce can be an especially horrible experience for both parties, and it is often even more complicated by the burdensome decision of who keeps the house. Regardless of the circumstances, it's a good idea to order an appraisal from Crane Appraisal Service so both parties are entirely aware of the true market value of their home. If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Accurate and fair estate liquidationThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. We ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to manage these issues, unlike many wealthy individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing 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. Relocate to or from Delaware County for workWe are aware of the stress associated with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, along with information regarding any current sales or listings in their neighborhood that they want considered during our intensive inspection. Sell your home promptly — at the right priceA professional appraisal can help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to finish the appraisal report. On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long housesstay 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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