Let Laredo Appraisal Group, LLC. handle your appraisal needs

To a lot of us, an appraisal is simply a line item in the long list of items for a home sale or refinance. Most lenders still want a local expert because the stakes are very high, even though there are a growing number of automated home valuation processes that may seem more practical than an appraisal. You might think that securing a mortgage is the only reason to get an appraisal, but there are additional times when the services of a licensed, independent real estate professional could be beneficial.

Let Laredo Appraisal Group, LLC. assist you in lowering your mortgage payment

Appeal your tax assessment

It's quite possible 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 house, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. An appraisal from Laredo Appraisal Group, LLC. is your best evidence when building your case. We can assist you in appealing your tax assessment.

PMI removal to reduce your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance plan that most lenders ask homebuyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. More often than not, this extra payment is lumped into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.

Laredo Appraisal Group, LLC. can give you a statement regarding the value of your home, and the price you paid for the appraisal can generally be regained in just a few months because you'll no longer be paying the PMI.

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Divorce settlement with less stress

A divorce is often complicated by the troublesome decision of who keeps the home, and it can be a very traumatic ordeal for both parties. Regardless of the circumstances, it's a good idea to get an appraisal from Laredo Appraisal Group, LLC. so both parties are fully aware of the true market value of their home.

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

Accurate and fair estate liquidation

The death of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the real estate 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).

Most Americans don't have dedicated estate planners or executors to take care of these matters, unlike many wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Move to or from Webb County for work

We are familiar with the stress involved with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide feedback on the positive features of their property, as well as information about any current sales or listings in their area that they want considered.

Close on your home promptly — at the right price

A professional appraisal can help you make a better educated decision regarding your selling price, whether you choose 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 a percentage of the sales price, but rather they are based on our efforts to finish the appraisal report.

On a daily basis, we examine the difference in value items like an additional bathroom or a kitchen remodel can make. 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 an unnecessarily long time, because we're experts in knowing how long properties stay on the market.

Let Laredo Appraisal Group, LLC. help you sell your home quickly at the right price