6 Reasons to order an appraisal from Spencer Appraisal Services, Inc.To a lot of us, an appraisal just looks like one more thing in the long list of items for a mortgage or refinance. Even though there are a growing number of automated home valuation methods that might seem less expensive than an appraisal, nearly all lenders still call in a local expert because the stakes are incredibly high. Is obtaining a mortgage the only reason you should get an appraisal? Are there other times when the services of a licensed, independent real estate professional might come in handy? Of course. 
Challenge your tax assessmentIf you are in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Spencer Appraisal Services, Inc. is your best evidence when building your case. We can assist you in challenging your tax assessment. Removing PMI for mortgage paymentsWhen the amount being loaned to the homeowneris more than 80% of the actual value of the real estate, nearly all lenders ask home owners to take out this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. More often than not, this additional payment is bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. Spencer Appraisal Services, Inc. will provide you with a statement regarding the value of your home, and the price you paid for the appraisal can often be regained in just a few months because you'll no longer be paying the PMI. Order your appraisal from Spencer Appraisal Services, Inc. today Order onlineGet a clear valuation on a home take make a divorce settlement less stressfulA divorce can be a particularly traumatic experience for both parties, and it is often even more complicated by the troublesome decision of who maintains the house. It's a good idea to get an appraisal from Spencer Appraisal Services, Inc. so both parties are fully aware of the true market value of their property, regardless of the situation. 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 gotten a fair evaluation. Fair and accurate estate liquidationThe loss 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 Fair Market Value for the real estate 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). Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these issues. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Montgomery County for workWe are aware of the stress involved with an employee relocation. We take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, along with information about any recent sales or listings in their area that they want considered during our detailed inspection. Close on your home quickly — for an accurate priceA professional appraisal can help you make a better educated decision regarding your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees rest on our efforts to finish the appraisal report and not a percentage of the sales price. We determine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a reliable way to determine what improvements will add value and what an applicable 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 stay on the market. 
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