Why you should get an appraisal from Frigoletto & Associates Inc.

Each year, thousands of people in Massachusetts buy, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. Practically all lenders still call in a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation systems that might appear to be less expensive than an appraisal. You might assume that getting a mortgage is the only reason to acquire an appraisal, but there are more times when the services of a licensed, independent real estate professional could come in handy.

For real estate appraisals in Leominster and Worcester County, it's easiest when your order online from Frigoletto & Associates Inc., just click here.

Appeal your tax assessment in Worcester County

It's possible 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 prices have gone down in your neighborhood, you can challenge your assessment and save money. An appraisal from Frigoletto & Associates Inc. is your best evidence when building your case. At Frigoletto & Associates Inc.,we can assist you in disputing your tax assessment.

Let Frigoletto & Associates Inc. help you do away with PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that nearly all lenders ask homebuyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Since the added payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

Frigoletto & Associates Inc. will provide you with a statement regarding the value of your home, and the expense of the home valuation can often be offset in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Frigoletto & Associates Inc.

A divorce is often complicated by the hard decision of who maintains the home, and it can be an especially traumatic occurrence for both parties. It's a good idea to order an appraisal from Frigoletto & Associates Inc. so both parties are fully aware of the true market value of their home, regardless of the circumstances.

If the parties wish to sell the home, they'll have a clearer picture 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.

Accurate and fair estate liquidation with Frigoletto & Associates Inc.Settling an estate

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

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

Relocating to or from Worcester County?

Employee relocation is a real pain. We know where you're coming from! 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 features of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our detailed process.

Don't sell out short or let your home stay on the market too long.

A professional appraisal will help you make a more informed decision regarding your selling 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. The price we charge isn't related to the sales price, but rather they are calculated on our efforts to complete the appraisal.

On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties stay on the market. So, seeking 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 an unnecessarily long time.