Ordering an appraisal from Black Creek Appraisal Group, LLCTo many, an appraisal just looks like another fee in the long list of items for a home purchase or refinance. Practically all lenders still want a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation processes that might appear more prudent than an appraisal. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are additional situations when the services of a certified, independent real estate professional might come in handy.
Challenge your tax assessment in Macomb CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a previous assessment of your real estate, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. An appraisal from Black Creek Appraisal Group, LLC is your best evidence when building your case. At Black Creek Appraisal Group, LLC, we're equipped to assist you in challenging your tax assessment.
Getting rid of your PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask home owners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. Oftentimes, this added payment is folded into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to do away with PMI, Black Creek Appraisal Group, LLC can provide you with a statement regarding the value of your home. The price you paid for the home valuation can often be regained in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the hard decision of who maintains the house, and it can be a particularly heartbreaking event for both parties. It's a good idea to get an appraisal from Black Creek Appraisal Group, LLC so both parties are fully aware of the true market value of their house, regardless of the circumstances.
The parties will have a clearer picture 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 calls for an appraisal to establish Market Value for the real estate involved. We ensure the highest 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 issues, unlike wealthier individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Let Black Creek Appraisal Group, LLC help you with relocating to or from Macomb CountyMoving due to a job change can be a more than just an inconvenience. We know where you're coming from! We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, along with information regarding any new sales or listings in their neighborhood that they want considered during our detailed process.
Sell your home quickly at the right price with an appraisal from Black Creek Appraisal Group, LLCWhether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't related to the sales price, but rather they are calculated on our efforts to finish the appraisal.
On a daily basis, we examine the difference in value items like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to decide what improvements will add value and what an applicable 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 stay on the market.