6 Reasons to consider an appraisal from A & B Tax ServiceEach year, thousands of people in Wisconsin purchase, sell or refinance their home. Many of these transactions involve a simple line item for an appraisal. Nearly all lenders still call for a local expert because the stakes are incredibly high, even though there are a budding number of automated home valuation systems that may appear more prudent than an appraisal. Is getting a mortgage the only reason to acquire an appraisal? Are there more situations when the services of a certified, independent real estate professional might be beneficial? You bet there are. 
Contest your tax assessment in Racine CountyIf you are in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from A & B Tax Service is your best evidence when building your case. At A & B Tax Service, we're qualified to assist you in challenging your tax assessment. Eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the home buyeris more than 80% of the actual value of the home, many lenders ask homeowners to buy this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. A & B Tax Service will produce a statement regarding the value of your home, and the cost of the appraisal can generally be offset in little time because you'll no longer be paying the PMI. Order an appraisal from A & B Tax Service Order todaySettle a divorce with less stressA divorce is an especially traumatic event for the parties involved, and it is often even more complicated by the troublesome decision of who maintains the property. Regardless of the circumstances, it's a good idea to order an appraisal from A & B Tax Service so both parties are completely aware of the true market value of their house. If the parties need 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 received a fair assessment. Accurate and fair estate liquidationThe death of a loved one is a difficult 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. Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these matters. And seeing that 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 vital importance to ensuring disputing parties walk away knowing they've gotten an honest deal. Move to or from Racine County through an employee relocation programEmployee relocation is a stressful event, and we understand. We take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered during our thorough inspection. Sell your home quickly — at an accurate priceA professional appraisal will help you make a better educated decision when determining your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees depend on our efforts to complete the appraisal report and and aren't related to the sales price. On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesstay on the market. So, getting a professional appraisal is a reliable way to determine 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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