CrossTimbers Appraisal Group in Oklahoma City perform appraisals for a variety of clientsEach year, thousands of people in Oklahoma purchase, sell or refinance their home. Many of these transactions have a simple line item for an appraisal. And while there are a multiplying number of automated home valuation methods that may appear more cost-effective than an appraisal, almost all lenders still call for a local expert because the stakes are so high. But is securing a mortgage the only reason to acquire an appraisal? Are there additional cases when the services of a certified, independent real estate professional could be helpful? You bet.
Let CrossTimbers Appraisal Group help you appeal your tax assessment in Oklahoma CountyIf you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from CrossTimbers Appraisal Group is your best evidence when building your case. We're equipped to assist you in appealing your tax assessment.
Removing PMI will lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the property, almost all lenders ask homeowners to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is bad 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% mark. 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.
If you'd like to eliminate PMI, CrossTimbers Appraisal Group will give you a statement regarding the value of your home. The price you paid for the home valuation can often be offset in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from CrossTimbers Appraisal GroupA divorce can be an especially traumatic experience for both parties, and it is often further complicated by the strenuous decision of who keeps the house. So both parties are completely aware of the true market value of their property, it's a good idea to order an appraisal from CrossTimbers Appraisal Group, regardless of the circumstances.
The parties will have a clearer picture of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Fair and accurate estate liquidation with help from CrossTimbers Appraisal GroupSettling an estateLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. We guarantee 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 do not have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Let CrossTimbers Appraisal Group help you with relocating to or from Oklahoma CountyWe are familiar with the headaches involved with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our intensive process, we encourage relocating employees to provide remarks on the positive aspects of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.
Let CrossTimbers Appraisal Group assist you in selling your home quickly at the right priceA professional appraisal can help you make a more informed 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 amount the house sells for, unlike real estate agents. Our fees are calculated on our efforts to perform the appraisal report and not a percentage of the sales price.
On a daily basis, we examine the difference in value items like an additional bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine what improvements will add value and what a suitable 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 houses are one the market.