Rickman Valuations, LLC in Poplar Bluff do appraisals for diverse purposes

To many, an appraisal just looks like one more thing on the break-sheet for a mortgage or refinance. And even though there are a budding number of automated home valuation systems that might appear more prudent than an appraisal, the majority of lenders still want a local expert because the stakes are incredibly high. You might think that securing a mortgage is the only reason to get an appraisal, but there are more situations when the services of a licensed, independent real estate professional might come in handy.

For real estate appraisals in Poplar Bluff and Butler County, it's easiest when your order online from Rickman Valuations, LLC, just click here.

Challenge your tax assessment in Butler County

If you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Rickman Valuations, LLC is your best evidence. At Rickman Valuations, LLC,we can assist you in appealing your tax assessment.

Let Rickman Valuations, LLC help you eliminate PMI to lower your mortgage payment

When the amount being loaned to the homeowner is more than 80% of the actual value of the home, nearly all lenders ask home owners to buy an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to do away with the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

Rickman Valuations, LLC will give you a statement regarding the value of your home, and the expense of the appraisal can often be regained in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Rickman Valuations, LLC

A divorce is often complicated by the challenging decision of who gets the house, and it can be an especially heartbreaking ordeal for both parties. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from Rickman Valuations, LLC, regardless of the situation.

If the parties want to sell the home, they'll have a a good 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 gotten a fair assessment.

Fair and accurate estate liquidation

The death of 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.

Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to handle these issues. And since a home or other property often makes up an unequal share of the total estate value, understanding the certain value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Relocating to or from Butler County?

Employee relocation is a real pain, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our intensive process, we suggest employees that are moving to provide feedback on the positive aspects of their property, as well as information about any current sales or listings in their area that they want considered.

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

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 use the assistance 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 are calculated on our efforts to complete the appraisal report and not a percentage of the sales price.

On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. Getting 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 houses stay on the market.