Why you should get an appraisalTo many, an appraisal is simply a line item on the break-sheet for a mortgage or refinance. Nearly all lenders still call in a local expert because the stakes are very high, even though there are a budding number of automated home valuation systems that may seem more prudent than an appraisal. Is getting a mortgage the only basis for getting an appraisal? Are there also times when the services of a licensed, independent real estate professional could be helpful? You bet there are. 
Challenge your tax assessment in Greene CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your house, so if values have declined in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. We can assist you in disputing your tax assessment. PMI removal to reduce your mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the home, nearly all lenders ask home owners to take out this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Most often, this added payment is bundled into the monthly mortgage payment and is quickly forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Pace Appraisals will provide you with a statement regarding the value of your home. The price you paid for the home valuation can often be offset in a short amount of time because you'll no longer be paying the PMI. Order your appraisal from Pace Appraisals today Order todaySettle a divorce with fewer hang-upsA divorce can be a very horrible event for both parties, and it is often more complicated by the troublesome decision of who gets the property. It's a good idea to get an appraisal from Pace Appraisals so both parties are completely aware of the true market value of their house, regardless of the situation. 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 gotten a fair evaluation. Ascertain a fair and accurate valuation for estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. We ensure the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these matters. And since a home or other property often makes up an unequal 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 received an honest deal. Move to or from Greene County for workWe are familiar with the headaches involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide feedback on the positive aspects of their property, along with information regarding any recent sales or listings in their area that they want considered. Close on your home promptly — for the right priceA professional appraisal will help you make a better educated decision when determining your selling 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 price the house sells for, apart from real estate agents. Our fees are based on our efforts to complete the appraisal report and not a percentage of the sales price. On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. Getting 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 stay on the market. 
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