Why obtain an appraisal from Frigoletto & Associates Inc.?To a lot of people, an appraisal is simply a line item in the long list of items for a home sale or refinance. Most lenders still need a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation systems that may seem less expensive than an appraisal. You might think that obtaining a mortgage is the only reason to acquire an appraisal, but there are additional cases when the services of a certified, independent real estate professional could come in handy.
Appeal your tax assessment in Worcester CountyIf you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Frigoletto & Associates Inc. is your best evidence when building your case. At Frigoletto & Associates Inc.,we can assist you in appealing your tax assessment.
PMI removal to lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the property, most lenders ask homeowners to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to remove the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
Frigoletto & Associates Inc. can give you a statement regarding the value of your home, and the price you paid for the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is an especially heartbreaking event for the parties involved, and it is often more complicated by the difficult decision of who keeps the house. So both parties are fully aware of the true market value of their home, it's a good idea to order an appraisal from Frigoletto & Associates Inc., regardless of the circumstances.
The parties will have a clearer picture of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Settling an estate with peace of mindThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property involved. We guarantee 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 issues, unlike many wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so knowing 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.
Frigoletto & Associates Inc. can help you with relocating to or from Worcester CountyWe are aware of the headaches associated with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive attributes of their property, along with information regarding any recent sales or listings in their area that they want considered during our thorough process.
Don't sell out short or let your home stay on the market too long.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 more informed decision regarding your selling price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are based on our efforts to perform the appraisal report and not a percentage of the sales price.
We determine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes are on the market. So, seeking a professional appraisal is a reliable way to decide what improvements will add value and what an applicable 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.