The Hohman Appraisal Company in WINTER HAVEN perform appraisals for numerous clientsYear after year, thousands of people in Florida buy, sell or refinance their home. Most of these transactions have a simple line item for an appraisal. Practically all lenders still call in a local expert because the stakes are very high, even though there are a developing number of automated home valuation processes that may seem more prudent than an appraisal. But is securing a mortgage the only basis for getting an appraisal? Are there more cases when the services of a licensed, independent real estate professional might come in handy? Of course there are.
Let The Hohman Appraisal Company help you challenge your tax assessment in Polk CountyIt's possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your home, so if prices have gone down in your area, you can challenge your assessment and save money. When building your case, an appraisal from The Hohman Appraisal Company is your best evidence. We're equipped to assist you in disputing your tax assessment.
Eliminating PMI will lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance plan that most lenders ask homeowners to buy when the amount being loaned to the buyer is more than 80% of the actual value of the home. Seeing that extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to do away with the PMI payments when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, The Hohman Appraisal Company can provide you with a statement regarding the value of your home. The price you paid for the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
An appraisal from The Hohman Appraisal Company will help you settle a divorce with less stressA divorce is a particularly heartbreaking ordeal for the parties involved, and it is often even more complicated by the challenging decision of who gets the home. It's a good idea to order an appraisal from The Hohman Appraisal Company so both parties are entirely aware of the true market value of their house, regardless of the situation.
The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Settling an estate with peace of mindLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. We guarantee the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the correct value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.
The Hohman Appraisal Company can help you with relocating to or from Polk CountyMoving due to a job change is a stressful event, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, as well as information about any new sales or listings in their neighborhood that they want considered during our detailed process.
Sell your home quickly at the right price with an appraisal from The Hohman Appraisal CompanyA professional appraisal can help you make a better educated decision regarding your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't related to the sales price, but rather they are based on our efforts to complete the appraisal.
We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. 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 an unnecessarily long time - because we're experts in knowing how long homes stay on the market.