Why you should hire an appraiserTo many, an appraisal is simply a line item on the settlement sheet for a mortgage or refinance. Practically all lenders still call for a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation systems that might appear to be less expensive than an appraisal. You might think that securing a mortgage is the only reason you should get an appraisal, but there are other instances when the services of a licensed, independent real estate professional might come in handy. 
Contest your tax assessment in Travis CountyIf you are in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Price Appraisals & Realty, LLC is your best evidence when building your case. At Price Appraisals & Realty, LLC, we're equipped to assist you in appealing your tax assessment. PMI removal to reduce your mortgage paymentWhen the amount being loaned to the home buyeris more than 80% of the actual value of the property, almost all lenders ask home buyers to buy this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI is unnecessary when the remainder 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 requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Price Appraisals & Realty, LLC will produce a statement regarding the value of your home. The cost of the appraisal can usually be regained in little time because you'll no longer be paying the PMI. Order an appraisal from Price Appraisals & Realty, LLC Order todayDivorce settlement with less stressA divorce can be an especially horrible ordeal for both parties, and it is often even more complicated by the challenging decision of who keeps the house. Regardless of the circumstances, it's a good idea to get an appraisal from Price Appraisals & Realty, LLC so both parties are fully aware of the true market value of their property. The parties will have a a good idea of what price to set, if they wish 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. Fair and accurate estate liquidationLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to handle these matters, unlike wealthier individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Relocate to or from Travis County for workWe are familiar with the headaches 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 feedback on the positive attributes of their property, along with information about any current sales or listings in their area that they want considered during our detailed inspection. Close on your home promptly — at the right priceWhether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to complete the appraisal report and not a percentage of the sales price. On a daily basis, we determine 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, seeking a professional appraisal is a reliable 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. 
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