6 Reasons to order an appraisal from DRB AppraisalTo many, an appraisal just looks like a line item in the long list of items for a home sale or refinance. And while there are a budding number of automated home valuation processes that might appear to be less expensive than an appraisal, almost all lenders still call in a local expert because the stakes are incredibly high. You might believe that securing a mortgage is the only reason to get an appraisal, but there are additional times when the services of a licensed, independent real estate professional could be helpful. 
Challenge your tax assessment in Blackford CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from DRB Appraisal is your best evidence when building your case. At DRB Appraisal, we're qualified to assist you in disputing your tax assessment. Remove PMI to lower your mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the home, most lenders ask homebuyers to buy this added insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often folded into the monthly mortgage payment and is soon forgotten. This is bad because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. DRB Appraisal can provide you with a statement regarding the value of your home, and the expense of the home valuation can often be regained in just a few months because you'll no longer be paying the PMI. Order your appraisal from DRB Appraisal today Order todayDivorce settlement with less stressA divorce is often complicated by the challenging decision of who gets the home, and it can be a particularly daunting event for both parties. Regardless of the situation, it's a good idea to order an appraisal from DRB Appraisal so both parties are fully aware of the true market value of their home. The parties will have a clearer picture of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Accurate and fair estate liquidationThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the residential property 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 take care of these matters, 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 worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal. Move to or from Blackford County through an employee relocation programWe know the stress associated with an employee relocation. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide feedback on the positive features of their property, along with information regarding any current sales or listings in their neighborhood that they want considered. Sell your home promptly — at the right priceWhether you decide 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. Unlike 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 rest on our efforts to complete the appraisal report. We analyze 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 propertiesare on the market. So, obtaining a professional appraisal is a reliable way to decide what improvements will add value and what a suitable 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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