There are lots of reasons the public calls on Hingle Appraisal LLCEvery year, thousands of people in Louisiana purchase, sell or refinance their home. A lot of these transactions have a simple line item for an appraisal. Nearly 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 systems that might seem more cost-effective than an appraisal. But is obtaining a mortgage the only reason you should get an appraisal? Are there other instances when the services of a certified, independent real estate professional could come in handy? You bet there are.
Let Hingle Appraisal LLC help you dispute your tax assessment in Jefferson CountyIt's possible 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 past assessment of your home, so if prices have declined in your area, you can challenge your assessment and save money. When building your case, an appraisal from Hingle Appraisal LLC is your best evidence. We're qualified to assist you in appealing your tax assessment.
Removing PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that many lenders ask home buyers to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the property. More often than not, this extra payment is bundled into the monthly mortgage payment and is promptly forgotten. This is unfortunate because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to eliminate the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, Hingle Appraisal LLC can produce a statement regarding the value of your home. The cost of the appraisal can often be regained 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 Hingle Appraisal LLCA divorce is a particularly traumatic event for the parties involved, and it is often further complicated by the troublesome decision of who maintains the property. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from Hingle Appraisal LLC, regardless of the situation.
If the parties want to sell the home, they'll have a clearer picture 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.
Fair and accurate 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 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.
Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these affairs. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the correct value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.
Relocating to or from Jefferson County?Moving due to a job change is a stressful event. We know where you're coming from! That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage employees that are moving to provide feedback on the positive characteristics of their property, along with information regarding any new sales or listings in their area that they want considered.
Let Hingle Appraisal LLC help you sell your home quickly at the right priceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. Separate from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't related to the sales price, but rather they depend on our efforts to complete the appraisal.
On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties stay on the market. So, getting 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 for an extended amount of time.