Reasons to order an appraisal from Tim Norris & AssociatesTo a lot of us, an appraisal just looks like a line item on the break-sheet for a mortgage or refinance. Almost all lenders still call in a local expert because the stakes are so high, even though there are a developing number of automated home valuation processes that might seem less expensive than an appraisal. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are additional times when the services of a certified, independent real estate professional might come in handy. 
Appeal your tax assessmentIf you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're capable of assisting you in challenging your tax assessment. Remove PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance plan that most lenders ask home buyers to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the home. Most often, this additional payment is bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Tim Norris & Associates will provide you with a statement regarding the value of your home. The cost of the home valuation can generally be recovered in little time because you'll no longer be paying the PMI. Order your appraisal from Tim Norris & Associates today Order todaySettle a divorce with fewer hang-upsA divorce can be a very horrible experience for both parties, and it is often more complicated by the burdensome decision of who keeps the property. Regardless of the circumstances, it's a good idea to get an appraisal from Tim Norris & Associates so both parties are entirely aware of the true market value of their property. If the parties want to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Fair and accurate 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion. Most Americans do not have dedicated estate planners or executors to handle these affairs, unlike wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal. Move to or from Allen County through an employee relocation programWe 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 input on the positive characteristics of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our detailed inspection. Close on your home quickly — at the right priceWhether you decide to sell your home on your own or with the help 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 amount the house sells for. 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. And we're experts in knowing how long homesare on the market. So, getting a professional appraisal is a trusted way to decide 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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