Why you should get an appraisal from Parker Properties, Inc.

To many, an appraisal is simply another cost on the settlement sheet for a home purchase or refinance. Most lenders still need a local expert because the stakes are very high, even though there are a budding number of automated home valuation methods that might seem more prudent than an appraisal. But is obtaining a mortgage the only reason to acquire an appraisal? Are there more instances when the services of a licensed, independent real estate professional could come in handy? Of course.


	When you're planning on any transaction where the likely sales price of your real estate is of importance, contact Parker Properties, Inc.. Just click here

Challenge your tax assessment in Summit County

If you live in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Parker Properties, Inc. is your best evidence. At Parker Properties, Inc.,we can assist you in disputing your tax assessment.

Removing PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance plan that most lenders ask home owners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Very often, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked 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.

If you'd like to get rid of PMI, Parker Properties, Inc. can give you a statement regarding the value of your home. The expense of the appraisal can usually be offset in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce can be an especially traumatic ordeal for both parties, and it is often more complicated by the strenuous decision of who maintains the home. So both parties are fully aware of the true market value of their home, it's a good idea to order an appraisal from Parker Properties, Inc., regardless of the circumstances.

The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Fair and accurate estate liquidation

The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up a disproportionate share of the total estate value, understanding the correct value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal.

Parker Properties, Inc. can assist you in relocating to or from Summit County

We are familiar with the headaches involved with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive process, we encourage relocating employees to provide remarks on the positive attributes of their property, along with information about any recent sales or listings in their area that they want considered.

Sell your home quickly at the right price

Whether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees depend on our efforts to complete the appraisal report and and aren't related to the sales price.

We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses are on the market. So, obtaining a professional appraisal is a reliable way to determine 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 for an extended amount of time.