Reasons to order an appraisal from Giles Appraisal Group, Inc.Thousands of people in Florida purchase, sell or refinance their home each month. Most of these transactions involve a simple line item for an appraisal. Even though there are an increasing number of automated home valuation processes that may appear to be more economical than an appraisal, the majority of lenders still call for a local expert because the stakes are very high. You might think that getting a mortgage is the only reason you should get an appraisal, but there are other instances when the services of a certified, independent real estate professional might be helpful. 
Appeal your tax assessment in Bay CountyIf you are in an area where the property value has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At Giles Appraisal Group, Inc., we're qualified to assist you in appealing your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the homeowneris more than 80% of the actual value of the property, nearly all lenders ask homebuyers to purchase this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. This extra payment is often lumped into the monthly mortgage payment and is quickly forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Giles Appraisal Group, Inc. will provide you with a statement regarding the value of your home. The cost of the appraisal can generally be offset in a short amount of time because you'll no longer be paying the PMI. Order your appraisal from Giles Appraisal Group, Inc. today Order todayDivorce settlement with fewer hang-upsA divorce is a particularly daunting experience for the parties involved, and it is often even more complicated by the burdensome decision of who maintains the property. So both parties are fully aware of the true market value of their property, it's a good idea to order an appraisal from Giles Appraisal Group, Inc., regardless of the situation. If the parties wish 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 evaluation. Ascertain an accurate and fair valuation for estate liquidationThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails 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, ensuring the highest degree of discretion. Most Americans don't have dedicated estate planners or executors to handle these issues, unlike wealthy individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Bay County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide input on the positive features of their property, as well as information about any new sales or listings in their area that they want considered. Sell your home quickly — at an accurate priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you want to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't related to the sales price, but rather they are calculated on our efforts to finish the appraisal report. We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a trusted way to decide 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 houses stay on the market. 
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