Reasons to order an appraisal

To many, an appraisal is simply a line item in the long list of items for a mortgage or refinance. Nearly all lenders still call in a local expert because the stakes are so high, even though there are an increasing number of automated home valuation methods that may appear to be less expensive than an appraisal. But is obtaining a mortgage the only reason to acquire an appraisal? Are there also cases when the services of a licensed, independent real estate professional could come in handy? Of course.


	For real estate appraisals in Union Grove and Racine County, it's easiest when your order online from Regional Appraisal Management, LLC, just click here.

Let Regional Appraisal Management, LLC help you appeal your tax assessment in Racine County

If you reside in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Regional Appraisal Management, LLC is your best evidence. At Regional Appraisal Management, LLC,we can assist you in disputing your tax assessment.

Removing PMI will lower your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate, most lenders ask homebuyers to purchase an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often folded into the monthly mortgage payment and is promptly forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Regional Appraisal Management, LLC can provide you with a statement regarding the value of your home. The expense of the appraisal can often be regained in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce can be a very traumatic ordeal for both parties, and it is often further complicated by the difficult decision of who keeps the property. It's a good idea to order an appraisal from Regional Appraisal Management, LLC so both parties are completely aware of the true market value of their property, regardless of the situation.

The parties will have a a good idea of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Settling an estate with peace of mind

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 residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion.

Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these issues. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Relocating to or from Racine County?

Moving due to a job change is a more than just an inconvenience, and we understand. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, as well as information regarding any new sales or listings in their area that they want considered during our detailed process.

Let Regional Appraisal Management, LLC assist you in selling your home quickly at the right price

A professional appraisal will help you make a more informed decision when determining your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are calculated on our efforts to complete 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. And we're experts in knowing how long homes stay on the market. So, getting a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.