There are lots of reasons the public calls on Hartland AppraisalsEach year, thousands of people in Illinois buy, sell or refinance their home. Many of these transactions contain a simple line item for an appraisal. Most lenders still want a local expert because the stakes are very high, even though there are a developing number of automated home valuation systems that may appear to be cheaper than an appraisal. You might assume that getting a mortgage is the only reason to get an appraisal, but there are other situations when the services of a licensed, independent real estate professional might come in handy.
Let Hartland Appraisals help you dispute your tax assessment in Central IllinoisIf you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Hartland Appraisals is your best evidence. At Hartland Appraisals, we're equipped to assist you in challenging your tax assessment.
PMI removal will lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate, most lenders ask homebuyers to buy an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this extra payment is folded into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to dismiss the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, Hartland Appraisals can give you a statement regarding the value of your home. The cost of the appraisal can often be recovered in little time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a very traumatic experience for both parties, and it is often further complicated by the hard decision of who keeps the house. So both parties are completely aware of the true market value of their house, it's a good idea to get an appraisal from Hartland Appraisals, regardless of the circumstances.
The parties will have a better idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Settling an estate with peace of mindLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the real estate 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 don't have dedicated estate planners or executors to handle these issues. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the correct value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Let Hartland Appraisals assist you in relocating to or from Effingham CountyEmployee relocation is a stressful event. We know where you're coming from. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, along with information regarding any current sales or listings in their neighborhood that they want considered during our detailed process.
Selling your home quickly at the right price with an appraisal from Hartland AppraisalsA professional appraisal can help you make a more informed decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees aren't a percentage of the sales price, but rather they rest on our efforts to finish the appraisal.
We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes are on the market. So, 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 too long, costing you hassle and money.