Reasons to choose an appraisal from Mountain Home PropertiesTo a lot of people, an appraisal is simply a line item on the settlement sheet for a home purchase or refinance. Practically all lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation methods that might appear to be more economical than an appraisal. You might assume that getting a mortgage is the only reason you should get an appraisal, but there are other situations when the services of a licensed, independent real estate professional could be beneficial. 
Contest your tax assessment in El Paso CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in challenging your tax assessment. Get rid of PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask homebuyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. Seeing that extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Mountain Home Properties can give you a statement regarding the value of your home. The cost of the home valuation can generally be offset in just a few months because you'll no longer be paying the PMI. Order an appraisal from Mountain Home Properties Order onlineSettle a divorce with less stressA divorce is a very daunting ordeal for the parties involved, and it is often even more complicated by the hard decision of who gets the house. So both parties are entirely aware of the true market value of their home, it's a good idea to get an appraisal from Mountain Home Properties, 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 received a fair assessment. Accurate and fair estate liquidationThe loss of a loved one is a painful 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 fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these affairs. And since a home or other property often makes up an unequal share of the total estate value, understanding the true value 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 El Paso 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. We encourage relocating employees to provide input on the positive features of their property, along with information regarding any new sales or listings in their neighborhood that they want considered during our intensive inspection. Sell your home promptly — at an accurate priceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. An appraiser has no vested interest in what price 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. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a reliable way to determine what improvements will add value and what a suitable 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 houses stay on the market. 
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