Ordering an appraisal from DLJ Appraisal Service, LLCTo a lot of people, an appraisal just looks like a line item in the long list of items for a home purchase or refinance. Most lenders still want a local expert because the stakes are incredibly high, even though there are a budding number of automated home valuation processes that may seem more practical than an appraisal. You might think that obtaining a mortgage is the only reason to acquire an appraisal, but there are other times when the services of a licensed, independent real estate professional could be helpful.
Appeal your tax assessment in Faulkner CountyIt's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a past assessment of your home, so if prices are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from DLJ Appraisal Service, LLC is your best evidence. We're capable of assisting you in appealing your tax assessment.
DLJ Appraisal Service, LLC can help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the home owner is more than 80% of the actual value of the property, most lenders ask home owners to take out an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfavorable. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring 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, DLJ Appraisal Service, LLC can provide you with a statement regarding the value of your home. The cost of the appraisal can usually be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is a particularly daunting ordeal for the parties involved, and it is often more complicated by the challenging decision of who keeps the home. It's a good idea to get an appraisal from DLJ Appraisal Service, LLC so both parties are completely aware of the true market value of their property, regardless of the circumstances.
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 evaluation.
Fair and accurate estate liquidation with DLJ Appraisal Service, LLCSettling an estateThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.
Most Americans don't have dedicated estate planners or executors to manage these matters, unlike many wealthy individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the absolute value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.
Let DLJ Appraisal Service, LLC help you with relocating to or from Faulkner CountyEmployee relocation is a real pain. We know where you're coming from! That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback 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 process.
Selling your home quickly at the right priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you choose to sell your home on your own or with the help of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are derived from our efforts to perform the appraisal report and and aren't related to the sales price.
We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable way to determine 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 - because we're experts in knowing how long homes are one the market.