Let West Michigan Appraisal take care of your appraisal needs
To many, an appraisal is simply one more thing on the break-sheet for a home purchase or refinance. Most lenders still need a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation methods that may appear less expensive than an appraisal. Is getting a mortgage the only reason to get an appraisal? Are there also situations when the services of a certified, independent real estate professional could be beneficial? You bet.
Appeal your tax assessment in Manistee County
It's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your house, so if prices have gone down in your area, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. At West Michigan Appraisal, we're capable of assisting you in challenging your tax assessment.
Removing PMI for mortgage payments
Private Mortgage Insurance, or PMI, is a supplemental insurance policy that nearly all lenders ask home owners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the property. This additional payment is often bundled into the monthly mortgage payment and is quickly forgotten. This is bad because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.
West Michigan Appraisal can give you a statement regarding the value of your home, and the expense of the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI.
Order an appraisal from West Michigan AppraisalOrder today
Divorce settlement with less stress
A divorce can be an especially traumatic event for both parties, and it is often more complicated by the difficult decision of who gets the house. Regardless of the situation, it's a good idea to order an appraisal from West Michigan Appraisal so both parties are entirely aware of the true market value of their property.
The parties will have a better 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.
Ascertain a fair and accurate 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. We ensure the highest 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 handle these matters. And since a home or other property often makes up an uneven share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.
Relocate to or from Manistee County for work
We know the headaches associated with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, as well as information about any new sales or listings in their neighborhood that they want considered during our detailed inspection.
Sell your home quickly — at the right price
Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your asking price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price.
On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long propertiesstay on the market. So, seeking a professional appraisal is a trusted 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.