Why you should get an appraisal from REVARI (Real Estate Valuation and Research Inc.)Every year, thousands of people in New Hampshire buy, sell or refinance their home. Most of these transactions include a simple line item for an appraisal. And even though there are a developing number of automated home valuation methods that may appear to be more practical than an appraisal, nearly all lenders still need a local expert because the stakes are so high. You might think that securing a mortgage is the only reason to acquire an appraisal, but there are more situations when the services of a certified, independent real estate professional might be beneficial. ![]() Appeal your tax assessment in Sullivan CountyIf you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from REVARI (Real Estate Valuation and Research Inc.) is your best evidence when building your case. At REVARI (Real Estate Valuation and Research Inc.), we're equipped to assist you in disputing your tax assessment. Getting rid of your PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an extra insurance policy that most lenders ask homeowners to buy when the amount being loaned to the buyer is more than 80% of the actual value of the property. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfortunate because 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. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, REVARI (Real Estate Valuation and Research Inc.) can produce a statement regarding the value of your home. The expense of the appraisal can often be recovered in just a few months because you'll no longer be paying the PMI. Order your appraisal from REVARI (Real Estate Valuation and Research Inc.) today Order todayDivorce settlement with less stressA divorce is often complicated by the strenuous decision of who keeps the property, and it can be an especially horrible experience for both parties. Regardless of the situation, it's a good idea to get an appraisal from REVARI (Real Estate Valuation and Research Inc.) so both parties are entirely aware of the true market value of their house. 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 evaluation. Ascertain a fair and accurate valuation for estate liquidationLosing 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 ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to take care of these matters, unlike wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal. Move to or from Sullivan County for workWe know the headaches involved with an employee relocation. We take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide remarks on the positive characteristics of their property, along with information about any new sales or listings in their area that they want considered. Sell your home quickly — at the right priceA professional appraisal can help you make a better educated decision regarding 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 price the house sells for, unlike real estate agents. Our fees depend on our efforts to finish the appraisal report and and aren't related to the sales price. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a reliable way to decide 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, because we're experts in knowing how long properties are one the market. ![]() |