6 Reasons to order an appraisal from J. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANTEvery year, thousands of people in Louisiana purchase, sell or refinance their home. Most of these transactions contain a simple line item for an appraisal. Almost all lenders still call for a local expert because the stakes are so high, even though there are a developing number of automated home valuation processes that may seem more economical than an appraisal. Is getting a mortgage the only basis for getting an appraisal? Are there other instances when the services of a certified, independent real estate professional might be beneficial? You bet there are. 
Contest your tax assessment in Ouachita 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 determined by a previous assessment of your house, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. An appraisal from J. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANT is your best evidence when building your case. At J. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANT, we're qualified to assist you in challenging your tax assessment. Removing PMI for mortgage paymentsWhen the amount being loaned to the buyeris more than 80% of the actual value of the home, most lenders ask home buyers to purchase this supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI isn't required when the leftover balance 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 invoked by the United States Congress that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. J. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANT will provide you with a statement regarding the value of your home, and the expense of the appraisal can often be regained in just a few months because you'll no longer be paying the PMI. Order your appraisal from J. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANT today Order todaySettle a divorce with fewer hang-upsA divorce is an especially traumatic event for the parties involved, and it is often even more complicated by the hard decision of who gets the home. It's a good idea to order an appraisal from J. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANT so both parties are completely aware of the true market value of their property, regardless of the situation. If the parties want 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 received a fair evaluation. 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion. Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to manage these affairs. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Move to or from Ouachita County through an employee relocation programWe are familiar with the stress involved with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide remarks on the positive features of their property, along with information about any new sales or listings in their neighborhood that they want considered. Sell your home promptly — at an accurate priceA 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. Apart 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 are based on our efforts to finish the appraisal report. We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesare on the market. So, getting a professional appraisal is a reliable way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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