Reasons to order an appraisal from Schwab Appraisal LLCTo many, an appraisal is simply a line item in the long list of items for a mortgage or refinance. And while there are an increasing number of automated home valuation systems that may appear more practical than an appraisal, nearly all lenders still need a local expert because the stakes are so high. You might assume that obtaining a mortgage is the only reason you should get an appraisal, but there are additional situations when the services of a certified, independent real estate professional might be beneficial. 
Appeal your tax assessmentIt's quite possible you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a past assessment of your house, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from Schwab Appraisal LLC is your best evidence when building your case. We can assist you in challenging your tax assessment. Eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the homeowneris more than 80% of the actual value of the property, almost all lenders ask buyers to take out this extra insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often bundled into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Schwab Appraisal LLC can provide you with a statement regarding the value of your home. 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. Get your appraisal from Schwab Appraisal LLC Order todaySettle a divorce with fewer hang-upsA divorce is often complicated by the strenuous decision of who keeps the home, and it can be an especially daunting occurrence for both parties. So both parties are completely aware of the true market value of their house, it's a good idea to get an appraisal from Schwab Appraisal LLC, regardless of the situation. If the parties wish to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion. Most Americans don't have dedicated estate planners or executors to manage these issues, unlike wealthier 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 significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal. Move to or from Kootenai County through an employee relocation programWe are familiar with the headaches associated with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our thorough inspection. Close on your home promptly — at the right priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. 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 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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