Ordering an appraisal from Lenco-Appraisals

Thousands of people in Ohio purchase, sell or refinance their home every month. Many of these transactions involve a simple line item for an appraisal. And while there are a developing number of automated home valuation processes that might appear more economical than an appraisal, most lenders still call in a local expert because the stakes are incredibly high. But is securing a mortgage the only reason you should get an appraisal? Are there other times when the services of a licensed, independent real estate professional could be helpful? Of course.


	Secure appraisal ordering is not a problem with Lenco-Appraisals. Just click here

Appeal your tax assessment in Delaware County

It's likely you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are based upon a past assessment of your home, so if values are less than what they used to be in your neighborhood, you can appeal your assessment and save money. An appraisal from Lenco-Appraisals is your best evidence when building your case. At Lenco-Appraisals,we can assist you in challenging your tax assessment.

Let Lenco-Appraisals assist you in lowering your mortgage payment

When the amount being loaned to the homeowner is more than 80% of the actual value of the property, most lenders ask home owners to purchase an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. This added payment is often folded into the monthly mortgage payment and is promptly forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Lenco-Appraisals will produce a statement regarding the value of your home. The price you paid for the home valuation can often be offset in a short amount of time because you'll no longer be paying the PMI.

An appraisal from Lenco-Appraisals will help you settle a divorce with less stress

A divorce is a very traumatic event for the parties involved, and it is often even more complicated by the strenuous decision of who gets the home. Regardless of the circumstances, it's wise to get an appraisal from Lenco-Appraisals so both parties are fully aware of the true market value of their home.

If the parties wish to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Trustworthy estate liquidation

The loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion.

Most Americans don't have dedicated estate planners or executors to manage these matters, unlike wealthier individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the certain value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Lenco-Appraisals can help you with relocating to or from Delaware County

We know the headaches associated with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, as well as information about any current sales or listings in their area that they want considered during our detailed process.

Sell your home quickly at the right price with an appraisal from Lenco-Appraisals

A professional appraisal will help you make a better educated decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees are derived from our efforts to complete the appraisal report and not a percentage of the sales price.

We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties are 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 for an extended amount of time.