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Getting an appraisal from Pam Foster Real Estate Services, Inc.

Each year, thousands of people in Arkansas buy, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. The majority of lenders still call in a local expert because the stakes are incredibly high, even though there are a developing number of automated home valuation systems that might seem cheaper than an appraisal. You might assume that getting a mortgage is the only basis for getting an appraisal, but there are more times when the services of a certified, independent real estate professional might come in handy.

For real estate appraisals in England and Lonoke County, it's easiest when your order online from Pam Foster Real Estate Services, Inc., just click here.

Let Pam Foster Real Estate Services, Inc. help you challenge your tax assessment in Lonoke County

If you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Pam Foster Real Estate Services, Inc. is your best evidence. At Pam Foster Real Estate Services, Inc.,we can assist you in challenging your tax assessment.

Getting rid of your PMI 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 buyers to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. 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.

Pam Foster Real Estate Services, Inc. will produce a statement regarding the value of your home, and the expense of the home valuation can often be recovered in just a few months because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce can be an especially traumatic ordeal for both parties, and it is often further complicated by the challenging decision of who keeps the house. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Pam Foster Real Estate Services, Inc., 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.

Fair and accurate estate liquidation with Pam Foster Real Estate Services, Inc.Settling an estate

Losing a loved one is a difficult 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.

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these issues. A home or other property often makes up an unequal 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 gotten a fair deal.

Let Pam Foster Real Estate Services, Inc. assist you in relocating to or from Lonoke County

We are familiar with the headaches associated with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, as well as information about any recent sales or listings in their area that they want considered during our intensive process.

Let Pam Foster Real Estate Services, Inc. assist you in selling your home quickly at the right price

Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. The price we charge isn't contingent upon the value opinion we render, but rather they are based on our efforts to complete the appraisal.

We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties are on the market. So, 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 too long, costing you time and money.