Why order an appraisal from Blum Appraisal Service LLC?

To many, an appraisal is simply a line item in the long list of items for a home sale or refinance. Almost all lenders still call in a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation systems that might seem more practical than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there more situations when the services of a licensed, independent real estate professional could be beneficial? Of course.


	For real estate appraisals in San Antonio and Bexar County, it's easiest when your order online from Blum Appraisal Service LLC, just click here.

Challenge your tax assessment in Bexar County

It's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your home, so if prices are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from Blum Appraisal Service LLC is your best evidence. We're equipped to assist you in disputing your tax assessment.

Eliminating PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an extra insurance policy that most lenders ask home owners to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the property. This additional payment is often folded into the monthly mortgage payment and is soon forgotten. This is damaging because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to remove the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Blum Appraisal Service LLC can produce a statement regarding the value of your home. The expense of the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI.

An appraisal from Blum Appraisal Service LLC will help you settle a divorce with less stress

A divorce can be a particularly daunting event for both parties, and it is often more complicated by the burdensome decision of who maintains the house. Regardless of the circumstances, it's a good idea to get an appraisal from Blum Appraisal Service LLC so both parties are fully aware of the true market value of their property.

The parties will have a clearer picture of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Settling an estate with peace of mind

Losing 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 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 many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these issues. And since a home or other property often makes up a disproportionate share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.

Blum Appraisal Service LLC can assist you in relocating to or from Bexar County

We are familiar with the stress involved with an employee relocation. That's why we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our intensive process.

Sell your home quickly at the right price

A professional appraisal can help you make a better educated decision regarding your asking price, whether you want to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price.

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