Why you should get an appraisal from Di Cicco & AssociatesYear after year, thousands of people in Florida buy, sell or refinance their home. Many of these transactions involve a simple line item for an appraisal. Even though there are a developing number of automated home valuation methods that might appear more cost-effective than an appraisal, nearly all lenders still want a local expert because the stakes are incredibly high. You might think that obtaining a mortgage is the only reason to get an appraisal, but there are more situations when the services of a certified, independent real estate professional could be beneficial. 
Dispute your tax assessment in Palm Beach CountyIf you are 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 equipped to assist you in appealing your tax assessment. Removing PMI for mortgage paymentsWhen the amount being loaned to the home owneris more than 80% of the actual value of the property, nearly all lenders ask homebuyers to take out this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Most often, this added payment is folded into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. Di Cicco & Associates can provide you with a statement regarding the value of your home, and the cost of the appraisal can usually be regained in little time because you'll no longer be paying the PMI. Order an appraisal from Di Cicco & Associates Order onlineSettle a divorce with fewer hang-upsA divorce is often complicated by the troublesome decision of who maintains the home, and it can be an especially traumatic experience for both parties. It's a good idea to order an appraisal from Di Cicco & Associates so both parties are fully aware of the true market value of their property, regardless of the situation. If the parties need to sell the home, they'll have a better 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. Ascertain an accurate and fair valuation for estate liquidationThe loss of a loved one is a difficult 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 guarantee the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans do not have dedicated estate planners or executors to handle these affairs, unlike wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten an honest deal. Relocate to or from Palm Beach County for workWe understand the headaches involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our intensive inspection, we encourage relocating employees to provide input on the positive attributes of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered. Close on your home promptly — for an accurate priceWhether 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 better educated decision when determining your selling 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. On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, getting 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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