Reasons someone would need Robin L. Barry Appraisal Services

To a lot of people, an appraisal just looks like a line item in the long list of items for a mortgage or refinance. Almost all lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation processes that might appear to be more cost-effective than an appraisal. But is obtaining a mortgage the only reason to acquire an appraisal? Are there more instances when the services of a licensed, independent real estate professional could be helpful? You bet.


	When you're planning on any transaction where the value of your real estate is of importance, just contact Robin L. Barry Appraisal Services. Just click here

Let Robin L. Barry Appraisal Services help you appeal your tax assessment in Washoe 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 Robin L. Barry Appraisal Services is your best evidence. At Robin L. Barry Appraisal Services,we can assist you in appealing your tax assessment.

Eliminating PMI will lower your mortgage payment

When the amount being loaned to the home owner is more than 80% of the actual value of the real estate, most lenders ask buyers to purchase an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to remove the PMI installments when the balance is paid down to 78% of the original value.

Robin L. Barry Appraisal Services will produce a statement regarding the value of your home, and the price you paid for the home valuation can often be recovered in a short amount of time because you'll no longer be paying the PMI.

An appraisal from Robin L. Barry Appraisal Services will help you settle a divorce with less stress

A divorce can be an especially daunting ordeal for both parties, and it is often further complicated by the hard decision of who gets the house. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from Robin L. Barry Appraisal Services, regardless of the situation.

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

Settling an estate with peace of mind

The loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the utmost degree of discretion.

Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Robin L. Barry Appraisal Services can help you with relocating to or from Washoe County

Moving due to a job change can be a stressful event. We know where you're coming from. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we suggest employees that are moving to provide remarks on the positive features of their property, along with information regarding any new sales or listings in their area that they want considered.

Don't sell out short or let your home stay on the market too long.

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 better educated decision regarding your selling price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't contingent upon the value opinion we render, but rather they depend on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties are on the market. So, seeking 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.