Reasons someone would use the services of Reeves and Son Appraisals, LLC

Year after year, thousands of people in Florida buy, sell or refinance their home. A lot of these transactions involve a simple line item for an appraisal. And while there are a budding number of automated home valuation systems that might appear more economical than an appraisal, most lenders still need a local expert because the stakes are so high. You might believe that securing a mortgage is the only reason to get an appraisal, but there are more times when the services of a licensed, independent real estate professional could come in handy.


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Let Reeves and Son Appraisals, LLC help you appeal your tax assessment in Seminole County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are based upon a past assessment of your house, so if prices have gone down in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Reeves and Son Appraisals, LLC is your best evidence. At Reeves and Son Appraisals, LLC,we can assist you in appealing your tax assessment.

Let Reeves and Son Appraisals, LLC assist you in lowering your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that almost all lenders ask homeowners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. Since the extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI installments when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Reeves and Son Appraisals, LLC will provide you with a statement regarding the value of your home. The price you paid for the appraisal can generally be offset in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Reeves and Son Appraisals, LLC

A divorce is often complicated by the hard decision of who keeps the home, and it can be a particularly heartbreaking experience for both parties. So both parties are completely aware of the true market value of their property, it's a good idea to order an appraisal from Reeves and Son Appraisals, LLC, regardless of the situation.

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 received a fair evaluation.

Trustworthy estate liquidation

Losing 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion.

Most Americans do not have dedicated estate planners or executors to handle these issues, unlike wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received a fair deal.

Reeves and Son Appraisals, LLC can assist you in relocating to or from Seminole County

We understand the stress associated with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive process, we encourage employees that are moving to provide remarks on the positive characteristics of their property, along with information regarding any new sales or listings in their neighborhood that they want considered.

Let Reeves and Son Appraisals, LLC assist you in selling your home quickly at the right price

Whether you want 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 regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. The price we charge isn't a percentage of the sales price, but rather they are based on our efforts to finish the appraisal.

On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties are on the market. So, obtaining a professional appraisal is a reliable way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.