Appraisal Solutions LLC in Wichita perform appraisals for a variety of reasons

Year after year, thousands of people in Kansas purchase, sell or refinance their home. Many of these transactions have a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation processes that may appear more prudent than an appraisal. But is securing a mortgage the only basis for getting an appraisal? Are there more times when the services of a certified, independent real estate professional could be beneficial? Of course there are.


	For real estate appraisals in Wichita and Sedgwick County, it's easiest when your order online from Appraisal Solutions LLC, just click here.

Challenge your tax assessment in Sedgwick County

If you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Appraisal Solutions LLC is your best evidence when building your case. We're equipped to assist you in disputing your tax assessment.

How can you do away with PMI to lower your mortgage payment?

Private Mortgage Insurance, or PMI, is an extra insurance policy that nearly all lenders ask buyers 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 lumped into the monthly mortgage payment and is soon forgotten. PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI installments when the balance is paid down to 78% of the original value.

Appraisal Solutions LLC will provide you with a statement regarding the value of your home, and the price you paid for the home valuation can usually be regained in just a few months because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce can be a very daunting event for both parties, and it is often further complicated by the challenging decision of who keeps the house. Regardless of the circumstances, it's prudent to order an appraisal from Appraisal Solutions LLC so both parties are completely aware of the true market value of their home.

The parties will have a a good idea 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 evaluation.

Settling an estate with peace of mind

The loss of 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.

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

Let Appraisal Solutions LLC help you with relocating to or from Sedgwick County

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

Don't sell out short or let your home stay on the market too long.

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to 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 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.