Reasons to hire an appraiserTo many, an appraisal is simply a line item in the long list of items for a home purchase or refinance. Nearly all lenders still need a local expert because the stakes are very high, even though there are a budding number of automated home valuation methods that might appear to be more economical than an appraisal. You might assume that securing a mortgage is the only basis for getting an appraisal, but there are more situations when the services of a certified, independent real estate professional might be beneficial. 
Dispute your tax assessment in Canyon CountyIf you are in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from Appraisal Service of Idaho is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment. PMI removal to reduce a mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that most lenders ask home buyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. More often than not, this extra payment is folded into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. Appraisal Service of Idaho will give you a statement regarding the value of your home, and the price you paid for the home valuation can often be regained in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from Appraisal Service of Idaho Order onlineDivorce settlement with fewer hang-upsA divorce can be a particularly horrible experience for both parties, and it is often more complicated by the challenging decision of who keeps the home. It's a good idea to order an appraisal from Appraisal Service of Idaho so both parties are entirely aware of the true market value of their property, regardless of the situation. The parties will have a better idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Determine a fair and accurate valuation for estate liquidationThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. We ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these matters. And since a home or other property often makes up an unequal share of the total estate value, knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Canyon County through an employee relocation programWe know the stress involved with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered during our intensive inspection. Close on your home quickly — for the right priceA professional appraisal can help you make a better educated 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. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to complete the appraisal report. On a daily basis, we examine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, obtaining a professional appraisal is a trusted way to decide 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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