Why you should order an appraisal

To a lot of people, an appraisal is simply another cost in the long list of items for a home purchase or refinance. Most lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation methods that may seem cheaper than an appraisal. But is getting a mortgage the only reason to get an appraisal? Are there also cases when the services of a licensed, independent real estate professional might come in handy? You bet there are.


	Contact Applied Appraisals if you're planning on any transaction where the value of your real estate is a factor. Just click here

Let Applied Appraisals help you challenge your tax assessment in Beaver County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are determined by a previous assessment of your real estate, so if prices have gone down in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Applied Appraisals is your best evidence. We're equipped to assist you in appealing your tax assessment.

Applied Appraisals can help you eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance plan that many lenders ask home buyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the property. Seeing that added payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is bad because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.

Applied Appraisals will give you a statement regarding the value of your home, and the cost of the appraisal can often be regained in just a few months because you'll no longer be paying the PMI.

An appraisal from Applied Appraisals will help you settle a divorce with less stress

A divorce can be an especially daunting experience for both parties, and it is often more complicated by the hard decision of who keeps the house. Regardless of the situation, it's wise to get an appraisal from Applied Appraisals so both parties are entirely aware of the true market value of their home.

If the parties need to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Accurate and fair estate liquidation with help from Applied AppraisalsSettling an estate

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish 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 utmost degree of discretion.

Most Americans do not have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. And since a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Let Applied Appraisals help you with relocating to or from Beaver County

We are aware of the stress involved with an employee relocation. We take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered.

Let Applied Appraisals assist you in selling your home quickly at the right price

Whether you decide 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 asking price. Unlike a real estate agent, an appraiser has no vested interest in what price 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 items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties stay on the market. So, getting a professional appraisal is a trusted way to decide 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.