Shelley Miggo Appraisal Services, LLC in Springfield are hired for numerous reasons

Each year, thousands of people in Ohio purchase, sell or refinance their home. Most of these transactions contain a simple line item for an appraisal. Almost all lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation methods that might seem less expensive than an appraisal. But is securing a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a certified, independent real estate professional might be helpful? Of course there are.

Contact Shelley Miggo Appraisal Services, LLC if you're planning on any transaction where the value of your real estate is a factor. Just click here

Let Shelley Miggo Appraisal Services, LLC help you appeal your tax assessment in Clark County

If 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 Shelley Miggo Appraisal Services, LLC is your best evidence. At Shelley Miggo Appraisal Services, LLC,we can assist you in challenging your tax assessment.

Eliminating PMI will lower your mortgage payment

When the amount being loaned to the buyer is more than 80% of the actual value of the home, many lenders ask homebuyers to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often folded into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

Shelley Miggo Appraisal Services, LLC will give you a statement regarding the value of your home, and the price you paid for the home valuation can often be offset in little time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is an especially traumatic ordeal for the parties involved, and it is often even more complicated by the challenging decision of who keeps the property. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from Shelley Miggo Appraisal Services, LLC, regardless of the situation.

The parties will have a good 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 gotten a fair evaluation.

Fair and accurate estate liquidation

The death 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 Market Value for the residential property involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Most Americans don't have dedicated estate planners or executors to take care of these issues, unlike many 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 vital importance to ensuring disputing parties walk away knowing they've received an honest deal.

Shelley Miggo Appraisal Services, LLC can assist you in relocating to or from Clark County

We are familiar with the stress associated with an employee relocation. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, along with information about any recent sales or listings in their neighborhood that they want considered during our thorough process.

Sell your home quickly at the right price

A professional appraisal can help you make a more informed decision regarding your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are based on our efforts to perform the appraisal report and and aren't related to the sales price.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses 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.