Reasons to order an appraisalEvery year, thousands of people in Florida buy, sell or refinance their home. A lot of these transactions involve a simple line item for an appraisal. And even though there are a growing number of automated home valuation systems that might seem more economical than an appraisal, most lenders still need a local expert because the stakes are incredibly high. Is securing a mortgage the only reason to get an appraisal? Are there also cases when the services of a licensed, independent real estate professional could be helpful? Of course. 
Contest your tax assessment in Santa Rosa CountyIf you live in an area where the value of property has depreciated, 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 qualified to assist you in appealing your tax assessment. Get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the property, nearly all lenders ask home owners to purchase this supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often bundled into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. Di Cicco & Associates can produce a statement regarding the value of your home, and the cost of the home valuation can usually be offset in just a few months because you'll no longer be paying the PMI. Order an appraisal from Di Cicco & Associates Order onlineGet a fair valuation on a home take make a divorce settlement less stressfulA divorce is often complicated by the hard decision of who keeps the home, and it can be a particularly horrible ordeal for both parties. So both parties are completely aware of the true market value of their property, it's a good idea to order an appraisal from Di Cicco & Associates, regardless of the situation. If the parties need to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Determine an accurate and fair valuation for estate liquidationLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion. Most Americans do not have dedicated estate planners or executors to take care of these matters, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Santa Rosa County through an employee relocation programWe understand the stress involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, along with information regarding any recent sales or listings in their area that they want considered during our thorough inspection. Sell your home quickly — at the right priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or with the help 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 are calculated 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 housesare on the market. So, seeking a professional appraisal is a reliable way to decide what improvements will add value and what an appropriate 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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