Why would you need an appraisal from North Country Appraisals?
To a lot of us, an appraisal just looks like one more thing on the break-sheet for a home purchase or refinance. And even though there are a growing number of automated home valuation systems that might seem more economical than an appraisal, practically all lenders still want a local expert because the stakes are so high. But is securing a mortgage the only reason you should get an appraisal? Are there other situations when the services of a licensed, independent real estate professional could be helpful? You bet there are.
Let North Country Appraisals help you challenge your tax assessment
If you reside in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from North Country Appraisals is your best evidence. We're qualified to assist you in challenging your tax assessment.
PMI removal to lower your mortgage payment
When the amount being loaned to the homeowner is more than 80% of the actual value of the home, nearly all lenders ask home buyers to purchase an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this extra payment is bundled into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI payments when the balance is paid down to 78% of the original value.
Settling a divorce with less stress with an appraisal from North Country Appraisals
A divorce can be a particularly traumatic experience for both parties, and it is often further complicated by the troublesome decision of who maintains the home. It's a good idea to order an appraisal from North Country Appraisals so both parties are fully aware of the true market value of their house, regardless of the situation.
Accurate and fair estate liquidation with help from North Country AppraisalsSettling an estate
Losing 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).
Relocating to or from Jefferson, Lewis & St. Lawrence County
Employee relocation can be a real pain, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our thorough process, we recommend employees that are moving to provide feedback on the positive aspects of their property, along with information about any current sales or listings in their area that they want considered.
Let North Country Appraisals assist you in selling your home quickly at the right price
A professional appraisal can help you make a more informed decision when determining your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are derived from our efforts to complete the appraisal report and and aren't related to the sales price.
Standard operating procedure for North Country Appraisals (especially when working with homebuyers) includes...