Let Lakeside Appraisals Inc take care of your appraisalThousands of people in Florida purchase, sell or refinance their home every month. Most of these transactions include a simple line item for an appraisal. The majority of lenders still want a local expert because the stakes are incredibly high, even though there are a budding number of automated home valuation methods that may seem more prudent than an appraisal. You might assume that getting a mortgage is the only reason you should get an appraisal, but there are more instances when the services of a licensed, independent real estate professional could be beneficial.
Let Lakeside Appraisals Inc help you challenge your tax assessment in Lake CountyIt's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a past assessment of your house, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. When building your case, an appraisal from Lakeside Appraisals Inc is your best evidence. We're capable of assisting you in appealing your tax assessment.
PMI removal to lower your mortgage paymentWhen the amount being loaned to the home owner is more than 80% of the actual value of the home, most lenders ask homeowners to buy an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. More often than not, this extra payment is folded into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.
Lakeside Appraisals Inc can produce a statement regarding the value of your home, and the expense of the home valuation can often be regained in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Lakeside Appraisals IncA divorce is a particularly traumatic event for the parties involved, and it is often further complicated by the hard decision of who maintains the home. It's a good idea to get an appraisal from Lakeside Appraisals Inc so both parties are fully aware of the true market value of their property, regardless of the situation.
If the parties need to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Accurate and fair estate liquidation with Lakeside Appraisals IncSettling 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 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 don't have dedicated estate planners or executors to manage these matters, unlike many 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 significant importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Lakeside Appraisals Inc can help you with relocating to or from Lake CountyWe know the stress associated with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. During our thorough process, we encourage relocating employees to provide feedback on the positive aspects of their property, along with information regarding any current sales or listings in their area that they want considered.
Don't sell out for too little or keep your home on the market too long.A professional appraisal will help you make a more informed decision when determining your asking price, whether you choose to sell your home on your own or use the assistance 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 a percentage of the sales price, but rather they are calculated on our efforts to finish the appraisal.
On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. 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 - because we're experts in knowing how long houses are one the market.