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PMI Removal Appraisals

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Private Mortgage Insurance (PMI) allows individuals to purchase their home with less than a 20% down payment. It actually protects the lender or investor in case a borrower stops paying. PMI is a requirement for homeowners who purchase their homes with conventional financing and have put less than 20% down payment. Therefore, PMI is notPrivate Mortgage Insurance (PMI) allows individuals to purchase their home with less than a 20% down payment. It actually protects the lender or investor in case a borrower stops paying. PMI is a requirement for homeowners who purchase their homes with conventional financing and have put less than 20% down payment. Therefore, PMI is not collected for those who purchased their home with down


Pre Listing Appraisals

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In the real estate industry there is very little talk about home owners getting a pre listing appraisal before attempting to sell their house. Most homeowners know what an appraisal is because they had to have one completed when they purchased the home they live in. What is the appraisal process truly about; it’s aboutIn the real estate industry there is very little talk about home owners getting a pre listing appraisal before attempting to sell their house. Most homeowners know what an appraisal is because they had to have one completed when they purchased the home they live in. What is the appraisal process truly about; it’s about trust. The bank appraisal is ordered not for the buyers benefit but for the


Estate Appraisals

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Date of death valuations (Retrospective Appraisals) Estate appraisals are commonly ordered by the executor of an estate to determine tax liability and dispose of real property under a will or in probate. There are many situations — none of them lacking stress and complexity — where you might need an appraisal of property that statesDate of death valuations (Retrospective Appraisals) Estate appraisals are commonly ordered by the executor of an estate to determine tax liability and dispose of real property under a will or in probate. There are many situations — none of them lacking stress and complexity — where you might need an appraisal of property that states an opinion of what the property was worth on a date some


Divorce Appraisals

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Finalizing a divorce involves many decisions, including “Who gets the house”? There are generally two options regarding the house – it can be sold and the proceeds divided, or one party can “buy out” the other. In either case, one or both parties should order an appraisal of the residence. Divorce appraisals require a wellFinalizing a divorce involves many decisions, including “Who gets the house”? There are generally two options regarding the house – it can be sold and the proceeds divided, or one party can “buy out” the other. In either case, one or both parties should order an appraisal of the residence. Divorce appraisals require a well supported, professional appraisal that is defensible in court. When you


Bankruptcy Appraisals

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When you file for bankruptcy, you must provide the court with a total financial snapshot of your current income, debt and other obligations. While establishing values for most of these things is relatively easy, determining the current value of your home can be challenging. A bankruptcy appraisal is the best way to prove to theWhen you file for bankruptcy, you must provide the court with a total financial snapshot of your current income, debt and other obligations. While establishing values for most of these things is relatively easy, determining the current value of your home can be challenging. A bankruptcy appraisal is the best way to prove to the court that your value, as written in your bankruptcy documents, is