Let J.S. Appraisals, Inc. take care of your appraisalYear after year, thousands of people in Illinois buy, sell or refinance their home. A lot of these transactions contain a simple line item for an appraisal. Almost all lenders still call in a local expert because the stakes are very high, even though there are a developing number of automated home valuation systems 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 additional times when the services of a licensed, independent real estate professional could be helpful.
Dispute your tax assessment in Dupage CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from J.S. Appraisals, Inc. is your best evidence when building your case. At J.S. Appraisals, Inc., we're capable of assisting you in disputing your tax assessment.
Getting rid of your PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that nearly all lenders ask home buyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the home. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfavorable. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, J.S. Appraisals, Inc. can provide you with a statement regarding the value of your home. The price you paid for the home valuation can often be recovered in little time because you'll no longer be paying the PMI.
An appraisal from J.S. Appraisals, Inc. will help you settle a divorce with less stressA divorce can be an especially traumatic event for both parties, and it is often further complicated by the difficult decision of who gets the property. Regardless of the circumstances, it's prudent to order an appraisal from J.S. Appraisals, Inc. so both parties are fully aware of the true market value of their home.
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 received a fair evaluation.
Trustworthy estate liquidationLosing a loved one is a hard 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 highest 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 don't have dedicated estate planners or executors to handle these affairs. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
J.S. Appraisals, Inc. can help you with relocating to or from Dupage CountyWe are familiar with the headaches involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough process, we encourage employees that are moving 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.
Don't sell out for too little or let your home stay on the market too long.Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price.
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 homes stay on the market. So, obtaining a professional appraisal is a trusted 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 too long, costing you hassle and money.