6 Reasons to order an appraisal from RWA AppraisalsTo a lot of us, an appraisal just looks like a line item on the settlement sheet for a home sale or refinance. And even though there are a growing number of automated home valuation systems that may appear to be more prudent than an appraisal, practically all lenders still call for a local expert because the stakes are very high. Is getting a mortgage the only reason to get an appraisal? Are there other instances when the services of a licensed, independent real estate professional could be beneficial? Of course there are. 
Contest your tax assessmentIf you are in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from RWA Appraisals is your best evidence when building your case. We're capable of assisting you in appealing your tax assessment. Remove PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that many lenders ask home buyers to buy when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. Very often, this added payment is bundled into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases 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 remove the PMI installments when the loan-to-value ratio conditions have been met. RWA Appraisals will provide you with a statement regarding the value of your home, and the expense of the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from RWA Appraisals Order todayDivorce settlement with fewer hang-upsA divorce is often complicated by the difficult decision of who keeps the home, and it can be a very daunting occurrence for both parties. Regardless of the situation, it's a good idea to get an appraisal from RWA Appraisals so both parties are entirely aware of the true market value of their house. If the parties wish to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Fair and accurate estate liquidationLosing a loved one is a hard 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion. Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these matters. And seeing that a home or other property often makes up an unequal 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 a fair deal. Move to or from Kitsap County for workEmployee relocation is a stressful event, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide feedback on the positive aspects of their property, as well as information regarding any new sales or listings in their area that they want considered. Sell your home promptly — at the right priceA professional appraisal can help you make a more informed decision regarding your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are based on our efforts to finish the appraisal report. We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking 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, because we're experts in knowing how long houses are one the market. 
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