Reasons to order an appraisalTo many, an appraisal is simply one more thing in the long list of items for a home sale or refinance. While there are an increasing number of automated home valuation processes that might appear to be more practical than an appraisal, the majority of lenders still call in a local expert because the stakes are incredibly high. Is obtaining a mortgage the only reason to get an appraisal? Are there more times when the services of a licensed, independent real estate professional could be helpful? Absolutely. 
Contest your tax assessmentIf you reside in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from Mueller Appraisal Services is your best evidence when building your case. At Mueller Appraisal Services, we're qualified to assist you in challenging your tax assessment. Eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask home buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. Seeing that extra payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. Mueller Appraisal Services will give you a statement regarding the value of your home, and the expense of the appraisal can often be recovered in little time because you'll no longer be paying the PMI. Get your appraisal from Mueller Appraisal Services Order todayDivorce settlement with fewer hang-upsA divorce is a particularly daunting event for the parties involved, and it is often more complicated by the troublesome decision of who keeps the home. It's a good idea to get an appraisal from Mueller Appraisal Services so both parties are entirely aware of the true market value of their house, regardless of the situation. The parties will have a good idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Ascertain an accurate and fair valuation for estate liquidationLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion. Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these issues. And since a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Move to or from Will County for workWe know the headaches involved with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide remarks on the positive aspects of their property, along with information about any recent sales or listings in their area that they want considered. Close on your home quickly — for the right priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they are based on our efforts to complete the appraisal report. 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 homesare on the market. So, obtaining 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. 
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