Let Jerry P. Lackey Appraisal Service, Inc. handle your appraisalTo a lot of people, an appraisal just looks like one more thing on the break-sheet for a home sale or refinance. Even though there are an increasing number of automated home valuation systems that may seem more prudent than an appraisal, nearly all lenders still call for a local expert because the stakes are incredibly high. But is obtaining a mortgage the only reason you should get an appraisal? Are there more situations when the services of a licensed, independent real estate professional might be helpful? Absolutely.
Dispute your tax assessment in Lincoln CountyIt's possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your real estate, so if prices have gone down in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from Jerry P. Lackey Appraisal Service, Inc. is your best evidence. At Jerry P. Lackey Appraisal Service, Inc.,we can assist you in disputing your tax assessment.
Jerry P. Lackey Appraisal Service, Inc. can help you eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that almost all lenders ask homebuyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the real estate. Since the added payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is damaging because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, Jerry P. Lackey Appraisal Service, Inc. will provide you with a statement regarding the value of your home. The cost of the home valuation can often be recovered in just a few months because you'll no longer be paying the PMI.
Settling an estate with peace of mindThe death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish 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).
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these affairs. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the correct value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Let Jerry P. Lackey Appraisal Service, Inc. assist you in relocating to or from Lincoln CountyMoving due to a job change can be a real pain. We know where you're coming from. We take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed process, we recommend employees that are moving to provide remarks on the positive aspects of their property, along with information about any recent sales or listings in their neighborhood that they want considered.
Selling your home quickly at the right price with an appraisal from Jerry P. Lackey Appraisal Service, Inc.Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees depend on our efforts to finish 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 additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine what improvements will add value and what an applicable 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.