How can an appraisal from Jennifer's Appraisals, Inc. help you?

Each year, thousands of people in Florida purchase, sell or refinance their home. A lot of these transactions contain a simple line item for an appraisal. Even though there are a multiplying number of automated home valuation processes that might appear to be more economical than an appraisal, the majority of lenders still need a local expert because the stakes are very high. You might assume that obtaining a mortgage is the only reason to get an appraisal, but there are additional instances when the services of a certified, independent real estate professional might be helpful.

Dispute your tax assessment in Broward County

If you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Jennifer's Appraisals, Inc. is your best evidence when building your case. At Jennifer's Appraisals, Inc.,we can assist you in challenging your tax assessment.

PMI removal will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask homeowners to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the home. Most often, this extra payment is folded into the monthly mortgage payment and is promptly forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to remove the PMI installments when the balance is paid down to 78% of the original value.

Jennifer was able to eliminate her own PMI payments because she is on top of current values in Broward County.  Let her help you to remove this cost.  If you'd like to do away with PMI, Jennifer's Appraisals, Inc. can produce a report indicating the value of your home. The price you pay for the home valuation report can usually be offset in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Jennifer's Appraisals, Inc.

A divorce can be a very daunting event for both parties, and it is often even more complicated by the strenuous decision of who keeps the house. So both parties are completely aware of the true market value of their home, it's a good idea to get an appraisal from Jennifer's Appraisals, Inc., regardless of the circumstances.

The parties will have a clearer picture 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 gotten a fair evaluation.

Fair and accurate estate liquidation

Losing 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 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 wealthier individuals. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Let Jennifer's Appraisals, Inc. help you with relocating to or from Broward County

Employee relocation can be a stressful event. We know where you're coming from! That's why we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, along with information about any new sales or listings in their neighborhood that they want considered during our intensive process.

Sell your home quickly at the right price with an appraisal from Jennifer's Appraisals, Inc.

A professional appraisal will help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or with the help of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't contingent upon the value opinion we render, but rather they are calculated on our efforts to finish the appraisal.

We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, 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 too long, costing you time and money.