Reasons to get an appraisal from Ramey Realty ServicesEach year, thousands of people in Texas purchase, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. While there are a multiplying number of automated home valuation systems that might seem cheaper than an appraisal, the majority of lenders still want a local expert because the stakes are so high. You might believe that obtaining a mortgage is the only reason you should get an appraisal, but there are other instances when the services of a licensed, independent real estate professional might be beneficial. 
Contest your tax assessment in Jefferson CountyIf 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 us is your best evidence. We're capable of assisting you in challenging your tax assessment. Eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that many lenders ask home owners to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Seeing that added payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is damaging because PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Ramey Realty Services will produce a statement regarding the value of your home. The price you paid for the appraisal can generally be recovered in just a few months because you'll no longer be paying the PMI. Order an appraisal from Ramey Realty Services Order onlineSettle a divorce with fewer hang-upsA divorce is an especially daunting ordeal for the parties involved, and it is often even more complicated by the troublesome decision of who keeps the property. It's a good idea to order an appraisal from Ramey Realty Services so both parties are fully aware of the true market value of their home, regardless of the situation. 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 gotten a fair evaluation. Fair and accurate estate liquidationLosing 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 Fair Market Value for the real estate involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans do not have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so understanding 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. Relocate to or from Jefferson County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, along with information about any current sales or listings in their neighborhood that they want considered during our detailed inspection. Close on your home quickly — for the right priceA professional appraisal can 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 depend on our efforts to finish the appraisal report. On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, obtaining 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. 
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