Reasons to order an appraisal from Space Coast AppraisalThousands of people in Florida purchase, sell or refinance their home every month. Many of these transactions have a simple line item for an appraisal. And while there are an increasing number of automated home valuation processes that may seem less expensive than an appraisal, most lenders still want a local expert because the stakes are so high. You might assume that securing a mortgage is the only basis for getting an appraisal, but there are additional times when the services of a certified, independent real estate professional could be beneficial. 
Dispute your tax assessmentIt's likely 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 home, so if prices are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. At Space Coast Appraisal, we're equipped to assist you in disputing your tax assessment. Eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that almost all lenders ask home buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the home. Since the added payment is usually bundled 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% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. Space Coast Appraisal can produce a statement regarding the value of your home, and the price you paid for the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI. Get your appraisal from Space Coast Appraisal Order todayDivorce settlement with less stressA divorce is a particularly horrible experience for the parties involved, and it is often more complicated by the challenging decision of who gets the home. So both parties are completely aware of the true market value of their house, it's a good idea to get an appraisal from Space Coast Appraisal, regardless of the circumstances. If the parties want to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Determine an accurate and fair valuation for estate liquidationThe death of 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 real estate involved. We guarantee the utmost 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 seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Relocate to or from Brevard County for workEmployee relocation can be a stressful event, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our intensive inspection. Close on your home quickly — for an accurate priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees rest on our efforts to finish the appraisal report and not a percentage of the sales price. On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, seeking a professional appraisal is a trusted way to determine 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. 
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