6 Reasons you should order an appraisal from PS Professional Inc.Thousands of people in Illinois buy, sell or refinance their home every year. Most of these transactions contain a simple line item for an appraisal. While there are a multiplying number of automated home valuation methods that may appear more prudent than an appraisal, most lenders still want a local expert because the stakes are very high. You might think that getting a mortgage is the only reason to get an appraisal, but there are more times when the services of a licensed, independent real estate professional could be beneficial. 
Contest your tax assessmentIf you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from PS Professional Inc. is your best evidence when building your case. At PS Professional Inc., we're qualified to assist you in challenging your tax assessment. Get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the homeowneris more than 80% of the actual value of the real estate, many lenders ask homebuyers to take out this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. PS Professional Inc. will produce a statement regarding the value of your home, and the expense of the appraisal can generally be regained in just a few months because you'll no longer be paying the PMI. Order your appraisal from PS Professional Inc. today Order onlineDivorce settlement with fewer hang-upsA divorce is often complicated by the hard decision of who gets the property, and it can be a very traumatic event for both parties. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from PS Professional Inc., regardless of the circumstances. The parties will have a better idea of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Accurate and fair estate liquidationLosing 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 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 take care of these issues, unlike wealthier individuals. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Kendall County through an employee relocation programEmployee relocation is a stressful event, and we understand. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide input on the positive features of their property, along with information regarding any current sales or listings in their neighborhood that they want considered. Sell your home promptly — for the right priceA 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 with the help 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 related to the sales price, but rather they rest on our efforts to finish the appraisal report. We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Getting 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 an unnecessarily long time, because we're experts in knowing how long homes are one the market. 
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