Why you should order an appraisal from KEY INSIGHT
Thousands of people in Wisconsin buy, sell or refinance their home each year. Many of these transactions involve a simple line item for an appraisal. And even though there are a developing number of automated home valuation methods that might appear to be more prudent than an appraisal, the majority of lenders still call in 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 situations when the services of a certified, independent real estate professional could be helpful.
Challenge your tax assessment in Oneida County
If you live in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from KEY INSIGHT is your best evidence when building your case. We're equipped to assist you in challenging your tax assessment.
Get rid of PMI to lower your mortgage payment
Private Mortgage Insurance, or PMI, is an additional insurance plan that nearly all lenders ask buyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Since the additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, KEY INSIGHT will produce a statement regarding the value of your home. The price you paid for the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI.
Order your appraisal from KEY INSIGHT todayOrder online
Divorce settlement with fewer hang-ups
A divorce is an especially daunting event for the parties involved, and it is often further complicated by the strenuous decision of who keeps the home. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from KEY INSIGHT, regardless of the situation.
The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Determine an accurate and fair valuation for estate liquidation
The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair 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 fullest degree of discretion.
Most Americans do not have dedicated estate planners or executors to handle these issues, unlike wealthy individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.
Relocate to or from Oneida County for work
Employee relocation is a stressful event, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information about any new sales or listings in their area that they want considered during our detailed inspection.
Close on your home quickly — for the right price
Whether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to complete the appraisal report.
We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a reliable way to decide 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 homes are one the market.