6 Reasons to consider an appraisal from Real Analytics, Inc.Every year, thousands of people in Florida buy, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. Even though there are a multiplying number of automated home valuation methods that may appear more economical than an appraisal, the majority of lenders still call for a local expert because the stakes are very high. Is getting a mortgage the only basis for getting an appraisal? Are there additional times when the services of a licensed, independent real estate professional could be beneficial? You bet. 
Challenge your tax assessmentIt's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a past assessment of your house, so if values are less than what they used to be in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. We can assist you in disputing your tax assessment. Eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that nearly all lenders ask home buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Oftentimes, this additional payment is bundled into the monthly mortgage payment and is soon forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Real Analytics, Inc. will provide you with a statement regarding the value of your home. The price you paid for the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Real Analytics, Inc. Order todaySettle a divorce with fewer hang-upsA divorce is a very horrible experience for the parties involved, and it is often further complicated by the strenuous decision of who maintains the home. It's a good idea to get an appraisal from Real Analytics, Inc. so both parties are completely aware of the true market value of their house, regardless of the situation. If the parties wish to sell the home, they'll have a a good idea 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 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 calls for 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. Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten an honest deal. Move to or from Brevard County for workWe understand the stress involved with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide feedback on the positive characteristics of their property, along with information about any current sales or listings in their area that they want considered. Sell your home quickly — at the right priceWhether you want 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 selling price. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees rest on our efforts to complete the appraisal report and and aren't related to the sales price. We analyze the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a reliable way to determine 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 an unnecessarily long time, because we're experts in knowing how long properties are one the market. 
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