Let Sirius Appraisal Services serve your appraisal needs
To a lot of us, an appraisal just looks like one more thing in the long list of items for a home purchase or refinance. Practically all lenders still call in a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation processes that might appear to be cheaper than an appraisal. Is obtaining a mortgage the only basis for getting an appraisal? Are there also situations when the services of a certified, independent real estate professional might be helpful? Absolutely.
Appeal your tax assessment in Queens County
It's likely you're paying too much in property taxes if you reside 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 appeal your assessment and save money. An appraisal from Sirius Appraisal Services is your best evidence when building your case. We're equipped to assist you in appealing your tax assessment.
PMI removal to lower your mortgage payment
When the amount being loaned to the home buyeris more than 80% of the actual value of the property, almost all lenders ask homebuyers to take out this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often folded into the monthly mortgage payment and is quickly forgotten. This is bad because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. 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.
Sirius Appraisal Services will provide you with a statement regarding the value of your home, and the cost of the appraisal can usually be recovered in just a few months because you'll no longer be paying the PMI.
Order an appraisal from Sirius Appraisal ServicesOrder today
Divorce settlement with fewer hang-ups
A divorce can be an especially horrible ordeal for both parties, and it is often more complicated by the burdensome decision of who keeps the home. So both parties are completely aware of the true market value of their home, it's a good idea to get an appraisal from Sirius Appraisal Services, regardless of the circumstances.
If the parties want to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Accurate and fair estate liquidation
The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires 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, ensuring the maximum degree of discretion.
Most Americans do not have dedicated estate planners or executors to handle these affairs, unlike many wealthy individuals. And since a home or other property often makes up a disproportionate share of the total estate value, understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.
Move to or from Queens County through an employee relocation program
Employee relocation is a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide input on the positive features of their property, along with information regarding any recent sales or listings in their area that they want considered.
Close on your home promptly — for the right price
A professional appraisal will help you make a more informed decision when determining your selling price, whether you decide 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 are calculated on our efforts to complete the appraisal report and and aren't related to the sales price.
On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homesare on the market. So, obtaining a professional appraisal is a trusted 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.