Let Sirius Appraisal Services attend to your appraisal needs
Thousands of people in New York buy, sell or refinance their home each month. A lot of these transactions include a simple line item for an appraisal. While there are an increasing number of automated home valuation methods that may seem more economical than an appraisal, almost all lenders still need a local expert because the stakes are very high. Is getting a mortgage the only reason to acquire an appraisal? Are there more times when the services of a certified, independent real estate professional might be helpful? Of course there are.
Contest your tax assessment in Queens County
If you live in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from Sirius Appraisal Services is your best evidence when building your case. At Sirius Appraisal Services, we're equipped to assist you in appealing your tax assessment.
Get rid of PMI to lower your mortgage payment
Private Mortgage Insurance, or PMI, is a supplemental insurance plan that many lenders ask homebuyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the property. This extra payment is often bundled into the monthly mortgage payment and is soon forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.
Sirius Appraisal Services will provide you with a statement regarding the value of your home, and the cost of the home valuation can often be regained in just a few months because you'll no longer be paying the PMI.
Order an appraisal from Sirius Appraisal ServicesOrder today
Get a fair valuation on a home take make a divorce settlement less stressful
A divorce can be a particularly daunting experience for both parties, and it is often even more complicated by the hard decision of who gets the property. Regardless of the circumstances, it's a good idea to get an appraisal from Sirius Appraisal Services so both parties are fully aware of the true market value of their property.
If the parties want to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Accurate and fair estate liquidation
Losing a loved one is a painful 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, guaranteeing the maximum degree of discretion.
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these matters. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Move to or from Queens County for work
We are familiar with the headaches associated with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide feedback on the positive aspects of their property, as well as information about any current sales or listings in their area that they want considered.
Sell your home quickly — for an accurate price
A professional appraisal can help you make a more informed decision regarding your selling price, whether you decide 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 depend on our efforts to finish the appraisal report and and aren't related to the sales price.
We determine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a reliable way to determine what improvements will add value and what an applicable 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.