Reasons to get an appraisal from MVP Appraisal GroupTo a lot of us, an appraisal is simply one more thing on the break-sheet for a home sale or refinance. And even though there are a growing number of automated home valuation systems that might appear to be cheaper than an appraisal, the majority of lenders still call in a local expert because the stakes are incredibly high. Is getting a mortgage the only reason to acquire an appraisal? Are there additional cases when the services of a certified, independent real estate professional could be beneficial? You bet. 
Challenge your tax assessmentIf you are in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from MVP Appraisal Group is your best evidence when building your case. We're equipped to assist you in challenging your tax assessment. Remove PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that nearly all lenders ask home buyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. Seeing that additional payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, MVP Appraisal Group will produce a statement regarding the value of your home. The expense of the appraisal can usually be offset in little time because you'll no longer be paying the PMI. Order your appraisal from MVP Appraisal Group today Order todaySettle a divorce with less stressA divorce can be an especially daunting experience for both parties, and it is often even more complicated by the strenuous decision of who maintains the house. It's a good idea to order an appraisal from MVP Appraisal Group so both parties are entirely 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 want 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 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). Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Saint Charles County through an employee relocation programEmployee relocation is a stressful event, and we understand. That being said, we take great care in establishing an accommodating 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 new sales or listings in their area that they want considered. Sell your home quickly — at an accurate priceA professional appraisal can help you make a more informed decision regarding your asking price, whether you decide 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 are based on our efforts to finish the appraisal report and not a percentage of the sales price. 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 housesstay on the market. So, 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. 
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