Reasons to hire an appraiser

To a lot of people, an appraisal is simply another fee on the break-sheet for a home sale or refinance. Even though there are an increasing number of automated home valuation systems that may appear to be more practical than an appraisal, the majority of lenders still want a local expert because the stakes are incredibly high. But is getting a mortgage the only reason to get an appraisal? Are there additional times when the services of a certified, independent real estate professional might be helpful? You bet there are.

For real estate appraisals in Cottage Grove and Rock County, it's easiest when your order online from JC Appraisal LLC, just click here.

Appeal your tax assessment in Rock County

It'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 based upon a past assessment of your house, so if values have gone down in your area, you can challenge your assessment and save money. An appraisal from JC Appraisal LLC is your best evidence when building your case. At JC Appraisal LLC, we're equipped to assist you in challenging your tax assessment.

Let JC Appraisal LLC assist you in lowering your mortgage payment

When the amount being loaned to the homeowner is more than 80% of the actual value of the home, many lenders ask homebuyers to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.

JC Appraisal LLC can provide you with a statement regarding the value of your home, and the expense of the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI.

An appraisal from JC Appraisal LLC will help you settle a divorce with less stress

A divorce is often complicated by the challenging decision of who keeps the home, and it can be an especially heartbreaking ordeal for both parties. So both parties are entirely aware of the true market value of their house, it's a good idea to order an appraisal from JC Appraisal LLC, regardless of the circumstances.

If the parties want to sell the home, they'll have a better idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Fair and accurate estate liquidation with help from JC Appraisal LLC Settling an estate

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. We ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Most Americans don't have dedicated estate planners or executors to manage these affairs, unlike wealthier individuals. 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 walk away knowing they've gotten an honest deal.

Let JC Appraisal LLC assist you in relocating to or from Rock County

We understand the headaches involved with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, along with information about any recent sales or listings in their neighborhood that they want considered during our thorough process.

Sell your home quickly at the right price

Whether 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 better educated decision when determining your selling price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. The price we charge isn't related to the sales price, but rather they depend on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. 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.