Reasons to order an appraisal from Crawford Romans Appraisal ServicesThousands of people in Ohio purchase, sell or refinance their home every month. Many of these transactions include a simple line item for an appraisal. And even though there are a developing number of automated home valuation systems that may appear to be less expensive than an appraisal, nearly all lenders still call in a local expert because the stakes are so high. Is getting a mortgage the only reason to acquire an appraisal? Are there other times when the services of a certified, independent real estate professional could come in handy? Absolutely. 
Dispute your tax assessmentIt's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are based upon a previous assessment of your real estate, so if values have declined in your neighborhood, you can appeal your assessment and save money. An appraisal from Crawford Romans Appraisal Services is your best evidence when building your case. We're equipped to assist you in challenging your tax assessment. PMI removal to reduce your mortgage paymentWhen the amount being loaned to the home owneris more than 80% of the actual value of the property, almost all lenders ask home buyers to buy this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI isn't required when the remainder 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 invoked by the United States Congress that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. Crawford Romans Appraisal Services will produce a statement regarding the value of your home, and the expense of the home valuation can generally be offset in little time because you'll no longer be paying the PMI. Order your appraisal from Crawford Romans Appraisal Services today Order onlineGet a fair valuation on a home for divorce settlementsA divorce can be an especially horrible experience for both parties, and it is often even more complicated by the strenuous decision of who keeps the property. So both parties are completely aware of the true market value of their home, it's a good idea to order an appraisal from Crawford Romans Appraisal Services, regardless of the circumstances. If the parties need to sell the home, they'll have a better 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 received a fair assessment. Accurate and fair estate liquidationThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate 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 manage these affairs, unlike wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Relocate to or from Cuyahoga County through an employee relocation programEmployee relocation can be a stressful event, and we understand. We take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, as well as information about any recent sales or listings in their neighborhood that they want considered during our detailed inspection. Close on your home promptly — for an accurate priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to finish the appraisal report. We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a reliable way to decide 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 homes are one the market. 
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