Why obtain an appraisal from Northwest Iowa Appraisals?To a lot of people, an appraisal just looks like a line item on the settlement sheet for a home sale or refinance. And while there are a growing number of automated home valuation systems that might appear more cost-effective than an appraisal, the majority of lenders still call in a local expert because the stakes are very high. But is getting a mortgage the only basis for getting an appraisal? Are there other times when the services of a licensed, independent real estate professional might come in handy? Absolutely.
Let Northwest Iowa Appraisals help you appeal your tax assessment in Cherokee CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Northwest Iowa Appraisals is your best evidence when building your case. At Northwest Iowa Appraisals,we can assist you in disputing your tax assessment.
Let Northwest Iowa Appraisals help you eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, many lenders ask home owners to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is damaging because PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to do away with PMI, Northwest Iowa Appraisals will produce a statement regarding the value of your home. The expense of the home valuation can generally be offset in little time because you'll no longer be paying the PMI.
An appraisal from Northwest Iowa Appraisals will help you settle a divorce with less stressA divorce is often complicated by the troublesome decision of who gets the house, and it can be an especially traumatic ordeal for both parties. So both parties are completely aware of the true market value of their home, it's a good idea to get an appraisal from Northwest Iowa Appraisals, regardless of the situation.
The parties will have a better idea of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Accurate and fair estate liquidation with Northwest Iowa AppraisalsSettling an estateThe 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 Market Value for the real estate involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these matters. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Northwest Iowa Appraisals can help you with relocating to or from Cherokee CountyWe understand the headaches associated with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, as well as information about any new sales or listings in their neighborhood that they want considered during our detailed process.
Selling your home quickly at the right priceA professional appraisal can help you make a more informed decision when determining your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are derived from our efforts to perform the appraisal report and and aren't related to the sales price.
On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. 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 - because we're experts in knowing how long properties stay on the market.