Let Canfield Appraisal Services serve your appraisal needsYear after year, thousands of people in Texas purchase, sell or refinance their home. Many of these transactions contain a simple line item for an appraisal. While there are a budding number of automated home valuation methods that might appear less expensive than an appraisal, practically all lenders still need a local expert because the stakes are so high. You might think that securing a mortgage is the only reason to get an appraisal, but there are additional cases when the services of a licensed, independent real estate professional could come in handy. 
Challenge your tax assessment in Nueces CountyIf you reside in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from Canfield Appraisal Services is your best evidence when building your case. We're qualified to assist you in appealing your tax assessment. Removing PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an additional insurance plan that almost all lenders ask home buyers to buy when the amount being loaned to the buyer is more than 80% of the actual value of the property. Since the additional payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Canfield Appraisal Services can give you a statement regarding the value of your home. The expense of the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Canfield Appraisal Services Order todaySettle a divorce with less stressA divorce can be an especially horrible event for both parties, and it is often more complicated by the strenuous decision of who keeps the house. It's a good idea to order an appraisal from Canfield Appraisal Services so both parties are entirely aware of the true market value of their property, regardless of the circumstances. The parties will have a clearer picture of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Ascertain an accurate and fair valuation for estate liquidationLosing 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 Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion. Most Americans don't have dedicated estate planners or executors to handle these issues, unlike wealthier individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal. Relocate to or from Nueces County through an employee relocation programWe understand the headaches associated with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, as well as information about any new sales or listings in their area that they want considered during our intensive inspection. Sell your home promptly — for an accurate priceWhether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price. We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable way to decide 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, because we're experts in knowing how long properties stay on the market. 
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