Why you should hire an appraiserThousands of people in Washington buy, sell or refinance their home each month. Many of these transactions include a simple line item for an appraisal. And even though there are a developing number of automated home valuation systems that might appear less expensive than an appraisal, the majority of lenders still call in a local expert because the stakes are very high. You might assume that getting a mortgage is the only basis for getting an appraisal, but there are other instances when the services of a certified, independent real estate professional might be beneficial. 
Appeal your tax assessment in Kitsap CountyIf you are in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from RWA Appraisals is your best evidence when building your case. At RWA Appraisals, we're capable of assisting you in disputing your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the home buyeris more than 80% of the actual value of the property, many lenders ask home owners to purchase this added insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this extra payment is bundled into the monthly mortgage payment and is soon forgotten. PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, RWA Appraisals will provide you with a statement regarding the value of your home. The expense of the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI. Order your appraisal from RWA Appraisals today Order onlineSettle a divorce with fewer hang-upsA divorce is often complicated by the troublesome decision of who keeps the house, and it can be a very daunting ordeal for both parties. Regardless of the situation, it's a good idea to get an appraisal from RWA Appraisals so both parties are completely aware of the true market value of their home. 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 received a fair assessment. Determine a fair and accurate valuation for estate liquidationThe loss 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. We ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these affairs. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Relocate to or from Kitsap County for workEmployee relocation can be a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide feedback on the positive characteristics of their property, along with information about any current sales or listings in their area that they want considered. Sell your home quickly — at the right priceWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to finish the appraisal report. We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable way to determine 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 properties stay on the market. 
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