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Why you should order an appraisal

Year after year, thousands of people in Florida purchase, sell or refinance their home. Most of these transactions include a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation processes that might appear to be more economical than an appraisal. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are other instances when the services of a certified, independent real estate professional could be helpful.

For real estate appraisals in Melbourne and Brevard County, it's easiest when your order online from Appraisal Alliance Group, LLC, just click here.

Let Appraisal Alliance Group, LLC help you challenge your tax assessment in Brevard County

If you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Appraisal Alliance Group, LLC is your best evidence. At Appraisal Alliance Group, LLC, we're qualified to assist you in appealing your tax assessment.

PMI removal will lower your mortgage payment

When the amount being loaned to the buyer is more than 80% of the actual value of the property, many lenders ask homebuyers to purchase an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this additional payment is bundled into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Appraisal Alliance Group, LLC can produce a statement regarding the value of your home. The expense of the appraisal can usually be offset in just a few months because you'll no longer be paying the PMI.

An appraisal from Appraisal Alliance Group, LLC will help you settle a divorce with less stress

A divorce is often complicated by the difficult decision of who keeps the home, and it can be a very heartbreaking occurrence for both parties. It's a good idea to get an appraisal from Appraisal Alliance Group, LLC so both parties are entirely aware of the true market value of their home, regardless of the situation.

If the parties want to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Accurate and fair estate liquidation

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish 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 highest degree of discretion.

Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.

Relocating to or from Brevard County

We are familiar with the headaches associated with an employee relocation. We take great care in setting up a convenient appointment time for the appraisal inspection. During our intensive process, we encourage relocating employees to provide input on the positive features of their property, as well as information regarding any current sales or listings in their area that they want considered.

Sell your home quickly at the right price with an appraisal from Appraisal Alliance Group, LLC

A professional appraisal can help you make a more informed decision when determining 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, which is different than the interest of real estate agents. The price we charge isn't related to the sales price, but rather they are calculated on our efforts to complete the appraisal.

We determine the difference in value items like an additional 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 properties are one the market.