Why get an appraisal from Schoepf & Associates, Inc.?Thousands of people in Kentucky purchase, sell or refinance their home every month. Many of these transactions consist of a simple line item for an appraisal. Practically all lenders still want a local expert because the stakes are incredibly high, even though there are a developing number of automated home valuation systems that may appear to be more economical than an appraisal. But is getting a mortgage the only reason to get an appraisal? Are there other times when the services of a certified, independent real estate professional could come in handy? Of course there are.
Dispute your tax assessment in Campbell CountyIf you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Schoepf & Associates, Inc. is your best evidence. We're capable of assisting you in appealing your tax assessment.
Let Schoepf & Associates, Inc. assist you in lowering your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that many lenders ask buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. Since the additional payment is usually folded into the monthly mortgage payment, it is often forgotten. This is bad because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, Schoepf & Associates, Inc. can give you a statement regarding the value of your home. The price you paid for the home valuation can often be regained in just a few months because you'll no longer be paying the PMI.
An appraisal from Schoepf & Associates, Inc. will help you settle a divorce with less stressA divorce can be a particularly daunting ordeal for both parties, and it is often more complicated by the hard decision of who keeps the property. It's a good idea to get an appraisal from Schoepf & Associates, Inc. so both parties are completely aware of the true market value of their home, regardless of the situation.
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 gotten a fair assessment.
Settling an estate with peace of mindThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair 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 take care of these matters, unlike wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Schoepf & Associates, Inc. can help you with relocating to or from Campbell CountyWe are aware of the stress involved with an employee relocation. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we suggest relocating employees to provide input on the positive aspects of their property, along with information about any current sales or listings in their neighborhood that they want considered.
Sell your home quickly at the right price with an appraisal from Schoepf & Associates, Inc.A professional appraisal will help you make a more informed decision when determining your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to complete the appraisal.
On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes are on the market. So, obtaining a professional appraisal is a trusted way to decide 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 time and money.