Reasons to consider an appraisal from Appraisals By TrautmanTo a lot of us, an appraisal is simply a line item in the long list of items for a home purchase or refinance. The majority of lenders still need a local expert because the stakes are very high, even though there are a growing number of automated home valuation processes that might seem more prudent than an appraisal. Is securing a mortgage the only reason to get an appraisal? Are there other cases when the services of a licensed, independent real estate professional might be beneficial? Of course there are. 
Appeal your tax assessment in Champaign CountyIf you live in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from Appraisals By Trautman is your best evidence when building your case. We can assist you in challenging your tax assessment. PMI removal to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask homeowners to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. This extra payment is often lumped into the monthly mortgage payment and is quickly forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. Appraisals By Trautman will provide you with a statement regarding the value of your home, and the expense of the home valuation can generally be recovered in little time because you'll no longer be paying the PMI. Order your appraisal from Appraisals By Trautman today Order onlineSettle a divorce with fewer hang-upsA divorce is often complicated by the challenging decision of who gets the home, and it can be a very daunting occurrence for both parties. So both parties are entirely aware of the true market value of their home, it's a good idea to order an appraisal from Appraisals By Trautman, regardless of the situation. If the parties want 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. Ascertain a fair and accurate valuation for estate liquidationThe loss of a loved one is a hard 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, ensuring the maximum degree of discretion. Most Americans don't have dedicated estate planners or executors to take care of these issues, unlike wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so 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 Champaign County through an employee relocation programWe are aware of the stress involved with an employee relocation. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information about any recent sales or listings in their area that they want considered during our intensive inspection. Sell your home promptly — for an accurate priceA professional appraisal can help you make a more informed decision when determining 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 amount the house sells for, apart from real estate agents. Our fees are calculated on our efforts to finish the appraisal report and not a percentage of the sales price. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesstay on the market. So, getting a professional appraisal is a trusted way to determine 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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