Reasons to order an appraisal from Jefferson Property Services Company

Thousands of people in Kentucky purchase, sell or refinance their home every month. Most of these transactions contain a simple line item for an appraisal. While there are a growing number of automated home valuation methods that might seem less expensive than an appraisal, nearly all lenders still call for a local expert because the stakes are very high. But is securing a mortgage the only reason to get an appraisal? Are there also cases when the services of a certified, independent real estate professional could be helpful? Absolutely.


	Order appraisals online from Jefferson Property Services Company by simply clicking here.

Let Jefferson Property Services Company help you challenge your tax assessment in Oldham County

It's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a past assessment of your house, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. When building your case, an appraisal from Jefferson Property Services Company is your best evidence. At Jefferson Property Services Company,we can assist you in challenging your tax assessment.

PMI removal to lower your mortgage payment

When the amount being loaned to the home buyer is more than 80% of the actual value of the home, almost all lenders ask buyers to take out an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. More often than not, this extra payment is lumped into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to remove the PMI installments when the balance is paid down to 78% of the original value.

Jefferson Property Services Company can give you a statement regarding the value of your home, and the price you paid for the home valuation can generally be recovered in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Jefferson Property Services Company

A divorce is often complicated by the hard decision of who maintains the property, and it can be an especially heartbreaking experience for both parties. It's a good idea to order an appraisal from Jefferson Property Services Company so both parties are fully aware of the true market value of their house, regardless of the circumstances.

If the parties want to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Settling an estate with peace of mind

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails 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 fullest degree of discretion.

Most Americans don't have dedicated estate planners or executors to manage these issues, unlike wealthier individuals. And since a home or other property often makes up an unequal share of the total estate value, understanding the certain value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Relocating to or from Oldham County

Moving due to a job change can be a stressful event. We know where you're coming from! That's why we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, along with information regarding any recent 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 Jefferson Property Services Company

A professional appraisal will help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't related to the sales price, but rather they depend on our efforts to complete the appraisal.

We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses are on the market. So, obtaining 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 for an extended amount of time.