Let Presley Appraisals take care of your appraisalEvery year, thousands of people in Louisiana purchase, sell or refinance their home. Many of these transactions involve a simple line item for an appraisal. And even though there are a developing number of automated home valuation systems that might appear more economical than an appraisal, nearly all lenders still want a local expert because the stakes are incredibly high. You might believe that obtaining a mortgage is the only reason you should get an appraisal, but there are more instances when the services of a certified, independent real estate professional might be helpful.
Dispute your tax assessment in Orleans or Jefferson ParishIt's likely you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your home, so if prices have declined in your area, you can appeal your assessment and save money. When building your case, an appraisal from Presley Appraisals is your best evidence. We're equipped to assist you in disputing your tax assessment.
Let Presley Appraisals help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate, many lenders ask home buyers to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Very often, this additional payment is bundled into the monthly mortgage payment and is quickly forgotten. This is bad because PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes 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 payments when the loan-to-value ratio conditions have been met.
Presley Appraisals will produce a statement regarding the value of your home, and the price you paid for the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a particularly traumatic experience for both parties, and it is often even more complicated by the strenuous decision of who gets the home. It's a good idea to order an appraisal from Presley Appraisals so both parties are entirely aware of the true market value of their property, regardless of the circumstances.
The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Accurate and fair estate liquidation with help from Presley AppraisalsSettling an estateThe loss of 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the precise value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.
Presley Appraisals can assist you in relocating to or from Orleans ParishWe are familiar with the stress involved with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, along with information about any current sales or listings in their area that they want considered during our detailed process.
Selling your home quickly at the right price with an appraisal from Presley AppraisalsWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your asking price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. The price we charge isn't a percentage of the sales price, but rather they are calculated on our efforts to complete the appraisal.
We determine the difference in value things like an extra 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 a suitable 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 homes stay on the market.