Let Residential Appraisal Service, LLC serve your appraisal needsThousands of people in Maryland purchase, sell or refinance their home each year. Most of these transactions contain a simple line item for an appraisal. The majority of lenders still need a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation methods that might seem more practical than an appraisal. You might assume that getting a mortgage is the only basis for getting an appraisal, but there are other times when the services of a licensed, independent real estate professional might be beneficial. 
Challenge your tax assessment in Knox CountyIt's possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are determined by a previous assessment of your home, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from Residential Appraisal Service, LLC is your best evidence when building your case. At Residential Appraisal Service, LLC, we're capable of assisting you in appealing your tax assessment. Getting rid of your PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an added insurance policy that many lenders ask home buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. Since the added payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. Residential Appraisal Service, LLC will produce a statement regarding the value of your home, and the cost of the appraisal can often be regained in just a few months because you'll no longer be paying the PMI. Order an appraisal from Residential Appraisal Service, LLC Order todaySettle a divorce with fewer hang-upsA divorce can be an especially horrible experience for both parties, and it is often further complicated by the challenging decision of who maintains the property. Regardless of the circumstances, it's a good idea to order an appraisal from Residential Appraisal Service, LLC so both parties are entirely aware of the true market value of their property. The parties will have a better idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. 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 entails 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 highest degree of discretion. Unlike many 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 uneven share of the total estate value, so knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal. Move to or from Knox County through an employee relocation programWe know the headaches associated with an employee relocation. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide remarks on the positive features of their property, along with information regarding any new sales or listings in their neighborhood that they want considered. Sell your home promptly — at an accurate priceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't related to the sales price, but rather they are based on our efforts to complete the appraisal report. On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, seeking 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. 
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