There are lots of reasons consumers call on Dentex Professional Appraisals LLCEach year, thousands of people in Texas buy, sell or refinance their home. Most of these transactions contain a simple line item for an appraisal. And even though there are a multiplying number of automated home valuation methods that may appear to be more prudent than an appraisal, the majority of lenders still need a local expert because the stakes are so high. But is getting a mortgage the only reason you should get an appraisal? Are there other times when the services of a licensed, independent real estate professional could be beneficial? You bet.
Let Dentex Professional Appraisals LLC help you dispute your tax assessment in Denton CountyIf you reside 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 Dentex Professional Appraisals LLC is your best evidence. At Dentex Professional Appraisals LLC,we can assist you in challenging your tax assessment.
How can you do away with PMI to lower your mortgage payment?When the amount being loaned to the buyer is more than 80% of the actual value of the real estate, nearly all lenders ask homebuyers to take out an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. This added payment is often lumped into the monthly mortgage payment and is soon forgotten. This is bad because PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to eliminate the PMI payments when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, Dentex Professional Appraisals LLC can produce a statement regarding the value of your home. The expense of the appraisal can generally be offset in a short amount of time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is an especially traumatic experience for the parties involved, and it is often further complicated by the troublesome decision of who keeps the house. So both parties are completely aware of the true market value of their home, it's a good idea to order an appraisal from Dentex Professional Appraisals LLC, regardless of the situation.
The parties will have a better idea 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.
Settling an estate with peace of mindLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate 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 handle these issues. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the precise value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.
Relocating to or from Denton CountyWe are aware of the headaches involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide remarks on the positive attributes of their property, along with information about any recent sales or listings in their area that they want considered.
Selling your home quickly at the right priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision regarding your selling price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are calculated on our efforts to perform 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. Getting a professional appraisal is a reliable 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 - because we're experts in knowing how long homes stay on the market.