Ron Balsamo in Parkland perform appraisals for a variety of clientsEach year, thousands of people in Florida purchase, sell or refinance their home. Most of these transactions consist of a simple line item for an appraisal. Nearly all lenders still call in a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation methods that may seem cheaper than an appraisal. But is obtaining a mortgage the only reason to acquire an appraisal? Are there also instances when the services of a licensed, independent real estate professional might be beneficial? Of course.
Let Ron Balsamo help you appeal your tax assessment in Broward CountyIf you live 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 Ron Balsamo is your best evidence. At Ron Balsamo, we're equipped to assist you in challenging your tax assessment.
Let Ron Balsamo help you lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the real estate, many lenders ask homebuyers to buy an added insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often 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 - decreases below the 80% mark, making this very unfortunate. 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.
Ron Balsamo will give you a statement regarding the value of your home, and the expense of the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI.
An appraisal from Ron Balsamo will help you settle a divorce with less stressA divorce can be an especially traumatic experience for both parties, and it is often further complicated by the strenuous decision of who maintains the house. Regardless of the circumstances, it's a good idea to get an appraisal from Ron Balsamo so both parties are fully aware of the true market value of their property.
The parties will have a clearer picture of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Fair and accurate estate liquidationLosing 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these issues. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.
Ron Balsamo can help you with relocating to or from Broward CountyWe understand the headaches involved with an employee relocation. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, as well as information regarding any current sales or listings in their area that they want considered during our thorough process.
Don't sell out short or let your home stay on the market too long.A professional appraisal will help you make a more informed decision regarding your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. Separate from 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.
On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. Seeking 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 homes are one the market.