Reasons to consider an appraisal from Caleb Hollis Appraisals Inc.Each year, thousands of people in Florida purchase, sell or refinance their home. Most of these transactions involve a simple line item for an appraisal. And even though there are a multiplying number of automated home valuation processes that may seem less expensive than an appraisal, most lenders still call in a local expert because the stakes are very high. Is obtaining a mortgage the only reason to acquire an appraisal? Are there more times when the services of a certified, independent real estate professional could come in handy? You bet. 
Contest your tax assessment in Saint Johns CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're capable of assisting you in challenging your tax assessment. Getting rid of your PMI for mortgage paymentsWhen the amount being loaned to the home buyeris more than 80% of the actual value of the real estate, almost all lenders ask homeowners to take out this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the remainder 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 implemented by the United States Congress that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. Caleb Hollis Appraisals Inc. will provide you with 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 an appraisal from Caleb Hollis Appraisals Inc. Order onlineGet a fair valuation on a home take make a divorce settlement less stressfulA divorce is a particularly traumatic experience for the parties involved, and it is often even more complicated by the challenging decision of who maintains the property. It's a good idea to get an appraisal from Caleb Hollis Appraisals Inc. so both parties are completely aware of the true market value of their home, regardless of the circumstances. If the parties wish to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Accurate and fair estate liquidationThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. We ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans don't have dedicated estate planners or executors to take care of these matters, unlike many wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal. Move to or from Saint Johns County through an employee relocation programWe are familiar with the headaches involved with an employee relocation. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide input on the positive aspects of their property, as well as information about any current sales or listings in their area that they want considered. Sell your home promptly — for the right priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are based on our efforts to complete the appraisal report. On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable way to determine 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 properties stay on the market. 
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