Let David Laureano take care of your appraisalTo many, an appraisal is simply a line item in the long list of items for a home sale or refinance. Most lenders still call in a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that may seem more prudent than an appraisal. You might think that securing a mortgage is the only basis for getting an appraisal, but there are additional situations when the services of a certified, independent real estate professional could come in handy.
Dispute your tax assessment in Dorado CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from David Laureano is your best evidence when building your case. At David Laureano,we can assist you in disputing your tax assessment.Eliminating PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that most lenders ask homeowners to buy when the amount being loaned to the home owner is more than 80% of the actual value of the home. Seeing that extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to eliminate the PMI payments on most mortgages when the balance is paid down to 78% of the original value.David Laureano will give you a statement regarding the value of your home, and the price you paid for the appraisal can often be recovered in little time because you'll no longer be paying the PMI. An appraisal from David Laureano will help you settle a divorce with less stressA divorce is a very heartbreaking event for the parties involved, and it is often more complicated by the challenging decision of who gets the house. Regardless of the situation, it's a good idea to get an appraisal from David Laureano so both parties are fully aware of the true market value of their home.The parties will have a clearer picture of what price to set, if they need to sell the home. 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 liquidation with help from David LaureanoSettling an estateLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. We ensure 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 handle these affairs. And since a home or other property often makes up an unequal share of the total estate value, understanding the correct value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal. Relocating to or from Dorado County?We are familiar with the stress involved with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed process, we recommend employees that are moving to provide input on the positive characteristics of their property, as well as information about any new sales or listings in their neighborhood that they want considered.Don't sell out for too little or let your home stay on the market too long.Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't contingent upon the value we come up with, but rather they rest on our efforts to finish the appraisal.We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, obtaining a professional appraisal is a reliable 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 too long, costing you hassle and money. |
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