Reasons to order an appraisal from KEY INSIGHTThousands of people in Wisconsin buy, sell or refinance their home every year. Most of these transactions contain a simple line item for an appraisal. Even though there are an increasing number of automated home valuation processes that may seem less expensive than an appraisal, practically all lenders still want a local expert because the stakes are incredibly high. Is securing a mortgage the only basis for getting an appraisal? Are there additional cases when the services of a certified, independent real estate professional might come in handy? Absolutely. 
Dispute your tax assessmentIt's probable you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a past assessment of your house, 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 us is your best evidence. At KEY INSIGHT, we're qualified to assist you in appealing your tax assessment. PMI removal to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that almost all lenders ask homebuyers to buy when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. Most often, this added payment is bundled into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI is unnecessary 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 requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. KEY INSIGHT will give you a statement regarding the value of your home, and the price you paid for the appraisal can generally be recovered in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from KEY INSIGHT Order onlineDivorce settlement with fewer hang-upsA divorce is a very horrible ordeal for the parties involved, and it is often even more complicated by the challenging decision of who gets the home. Regardless of the circumstances, it's a good idea to get an appraisal from KEY INSIGHT so both parties are entirely aware of the true market value of their home. If the parties wish to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Accurate and fair estate liquidationLosing a loved one is a difficult 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, guaranteeing the utmost degree of discretion. Most Americans don't have dedicated estate planners or executors to take care of these issues, unlike many wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Oneida County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, along with information about any recent sales or listings in their area that they want considered during our thorough inspection. Sell your home quickly — for an accurate priceA professional appraisal will help you make a more informed decision regarding your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price 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. We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Obtaining 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. 
|