Let JC Reynolds Appraisals, Inc. handle your appraisalTo many, an appraisal is simply another cost on the settlement sheet for a mortgage or refinance. Most lenders still want a local expert because the stakes are so high, even though there are a developing number of automated home valuation processes that might seem more prudent than an appraisal. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are more times when the services of a licensed, independent real estate professional could come in handy.
Appeal your tax assessment in Dallas and surrounding NE Texas CountiesIt's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are determined by a previous assessment of your real estate, so if values have gone down in your area, you can challenge your assessment and save money. When building your case, an appraisal from JC Reynolds Appraisals, Inc. is your best evidence. We're equipped to assist you in disputing your tax assessment.
PMI removal will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that most lenders ask homeowners to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the real estate. Very often, this extra payment is lumped into the monthly mortgage payment and is quickly forgotten. PMI becomes unnecessary 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 United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, JC Reynolds Appraisals, Inc. will produce a statement regarding the value of your home. The price you paid for the appraisal can often be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is a particularly daunting experience for the parties involved, and it is often more complicated by the strenuous decision of who maintains the home. It's a good idea to get an appraisal from JC Reynolds Appraisals, Inc. so both parties are entirely aware of the true market value of their house, regardless of the circumstances.
If the parties need to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Trustworthy estate liquidationThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish 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 maximum degree of discretion.
Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these affairs. A home or other property often makes up an unequal 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 leave knowing they've gotten an honest deal.
Relocating to or from Northeast TexasWe are aware of the stress associated with an employee relocation. We take great care in organizing an accommodating 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 to be considered during our thorough process.
Let JC Reynolds Appraisals, Inc. assist you in selling your home quickly at the right priceA professional appraisal can help you make a better-educated decision regarding your selling price, whether you want 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 related to the sales price, but rather they rest on our efforts to complete the appraisal.
On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. 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 houses stay on the market.