Reasons to get an appraisal from Capuano Appraisal Services, LLC

To a lot of people, an appraisal just looks like another cost in the long list of items for a mortgage or refinance. Even though there are a budding number of automated home valuation processes that might appear cheaper than an appraisal, nearly all lenders still call for a local expert because the stakes are incredibly high. But is securing a mortgage the only basis for getting an appraisal? Are there additional cases when the services of a certified, independent real estate professional could be helpful? Absolutely.


	If you're planning on any transaction where the value of your house is a factor, just contact Capuano Appraisal Services, LLC. Just click here.

Let Capuano Appraisal Services, LLC help you dispute your tax assessment in Prince William County

It's probable you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a previous assessment of your home, so if values have declined in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Capuano Appraisal Services, LLC is your best evidence. We're capable of assisting you in challenging your tax assessment.

Let Capuano Appraisal Services, LLC help you get rid of PMI to lower your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the home, almost all lenders ask home owners to buy an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to do away with the PMI installments when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Capuano Appraisal Services, LLC can produce a statement regarding the value of your home. The expense of the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is often complicated by the challenging decision of who maintains the home, and it can be a very traumatic experience for both parties. It's a good idea to order an appraisal from Capuano Appraisal Services, LLC so both parties are fully aware of the true market value of their property, regardless of the circumstances.

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

Accurate and fair estate liquidation with help from Capuano Appraisal Services, LLCSettling an estate

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 Market Value for the real estate involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Most Americans do not have dedicated estate planners or executors to take care of these issues, unlike wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, knowing the correct value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal.

Let Capuano Appraisal Services, LLC assist you in relocating to or from Prince William County

We know the stress involved with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive characteristics of their property, as well as information about any recent sales or listings in their neighborhood that they want considered during our thorough process.

Let Capuano Appraisal Services, LLC assist you in selling your home quickly at the right price

Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to complete the appraisal.

On a daily basis, we determine the difference in value items 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 an unnecessarily long time.