Plus One Appraisals in Cleveland do appraisals for diverse purposes

To many, an appraisal is simply a line item on the settlement sheet for a home sale or refinance. Nearly all lenders still need a local expert because the stakes are very high, even though there are a budding number of automated home valuation processes that may appear more economical than an appraisal. You might think that securing a mortgage is the only reason to get an appraisal, but there are more instances when the services of a licensed, independent real estate professional could be beneficial.

Order appraisals online from Plus One Appraisals by simply clicking here.

Let Plus One Appraisals help you challenge your tax assessment in Cuyahoga County

If you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Plus One Appraisals is your best evidence when building your case. At Plus One Appraisals, we're qualified to assist you in challenging your tax assessment.

Plus One Appraisals can help you eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance policy that almost all lenders ask homebuyers to buy when the amount being loaned to the buyer is more than 80% of the actual value of the home. Seeing that added payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI isn't required when the remaining 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 implemented by the United States Congress requiring lenders to remove the PMI installments when the balance is paid down to 78% of the original value.

Plus One Appraisals will produce a statement regarding the value of your home, and the price you paid for the appraisal can often be offset in little time because you'll no longer be paying the PMI.

An appraisal from Plus One Appraisals will help you settle a divorce with less stress

A divorce can be a very traumatic event for both parties, and it is often even more complicated by the challenging decision of who maintains the home. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Plus One Appraisals, regardless of the circumstances.

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

Accurate and fair estate liquidation with help from Plus One AppraisalsSettling an estate

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these issues. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the correct value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Relocating to or from Cuyahoga 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 features of their property, along with information about any recent sales or listings in their neighborhood that they want considered during our thorough process.

Let Plus One Appraisals assist you in selling your home quickly at the right price

A professional appraisal can help you make a better educated decision regarding your asking price, whether you decide 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 price the house sells for. Our fees aren't related to the sales price, but rather they rest on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties stay on the market. So, seeking 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 for an extended amount of time.