Reasons to order an appraisal

To a lot of us, an appraisal is simply one more thing on the settlement sheet for a home purchase or refinance. The majority of lenders still need a local expert because the stakes are incredibly high, even though there are a budding number of automated home valuation processes that may appear to be more cost-effective than an appraisal. But is getting a mortgage the only reason to acquire an appraisal? Are there other cases when the services of a certified, independent real estate professional might be helpful? You bet.


	For real estate appraisals in Wadsworth and Lake County, it's easiest when your order online from Center Point Valuation, just click here.

Let Center Point Valuation help you challenge your tax assessment in Lake County

It's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a past assessment of your home, so if values are less than what they used to be in your neighborhood, you can appeal your assessment and save money. An appraisal from Center Point Valuation is your best evidence when building your case. At Center Point Valuation, we're equipped to assist you in appealing your tax assessment.

Let Center Point Valuation help you get rid of PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance plan that most lenders ask homeowners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. This extra payment is often lumped into the monthly mortgage payment and is soon forgotten. This is damaging because PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

Center Point Valuation can give you a statement regarding the value of your home, and the expense of the home valuation can often be recovered in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is often complicated by the difficult decision of who keeps the home, and it can be an especially traumatic experience for both parties. So both parties are entirely aware of the true market value of their house, it's a good idea to get an appraisal from Center Point Valuation, regardless of the circumstances.

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

Fair and accurate estate liquidation with help from Center Point ValuationSettling an estate

The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. We ensure the highest 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 take care of these matters. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Center Point Valuation can help you with relocating to or from Lake County

Employee relocation can be a stressful event. We know where you're coming from. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. During our intensive process, we suggest relocating employees to provide remarks on the positive attributes of their property, along with information regarding any new sales or listings in their neighborhood that they want considered.

Let Center Point Valuation assist you in selling your home quickly at the right price

Whether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't contingent upon the value we report, but rather they are based on our efforts to complete the appraisal.

We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses stay on the market. So, seeking a professional appraisal is a trusted way to determine 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 for an extended amount of time.