Let Velocity Appraisals, LLC take care of your appraisal needsYear after year, thousands of people in Massachusetts buy, sell or refinance their home. Most of these transactions have a simple line item for an appraisal. Practically all lenders still want a local expert because the stakes are so high, even though there are a budding number of automated home valuation methods that may appear more practical than an appraisal. Is securing a mortgage the only reason you should get an appraisal? Are there other situations when the services of a licensed, independent real estate professional might be beneficial? You bet there are. 
Dispute your tax assessmentIt's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are based upon a previous assessment of your real estate, so if values have gone down in your area, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. At Velocity Appraisals, LLC, we're equipped to assist you in appealing your tax assessment. Get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the home buyeris more than 80% of the actual value of the home, many lenders ask home buyers to purchase this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this added payment is folded into the monthly mortgage payment and is promptly forgotten. This is bad because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Velocity Appraisals, LLC can produce a statement regarding the value of your home. The cost of the home valuation can often be offset in little time because you'll no longer be paying the PMI. Order an appraisal from Velocity Appraisals, LLC Order todayDivorce settlement with less stressA divorce is a particularly traumatic event for the parties involved, and it is often even more complicated by the burdensome decision of who keeps the home. So both parties are completely aware of the true market value of their home, it's a good idea to order an appraisal from Velocity Appraisals, LLC, regardless of the circumstances. The parties will have a clearer picture of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Ascertain a fair and accurate valuation for estate liquidationThe 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 Fair Market Value for the residential property involved. We ensure the fullest 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 don't have dedicated estate planners or executors to take care of these issues. And since a home or other property often makes up an unequal share of the total estate value, knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal. Move to or from Bristol County through an employee relocation programEmployee relocation is a stressful event, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide feedback on the positive characteristics of their property, as well as information about any recent sales or listings in their neighborhood that they want considered. Close on your home quickly — for the right priceWhether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't related to the sales price, but rather they depend on our efforts to complete the appraisal report. On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long propertiesstay 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 an unnecessarily long time. 
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