Let Micronesian Appraisal Associates attend to your appraisal needsTo a lot of people, an appraisal just looks like another fee in the long list of items for a mortgage or refinance. Most lenders still need a local expert because the stakes are so high, even though there are an increasing number of automated home valuation methods that may appear to be less expensive than an appraisal. Is getting a mortgage the only reason to get an appraisal? Are there additional situations when the services of a certified, independent real estate professional could be beneficial? Of course there are. 
Appeal your tax assessment in Guam CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At Micronesian Appraisal Associates, we're qualified to assist you in appealing your tax assessment. PMI removal to reduce a mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that many lenders ask home owners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Seeing that extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Micronesian Appraisal Associates can produce a statement regarding the value of your home. The cost of the appraisal can usually be regained in little time because you'll no longer be paying the PMI. Get your appraisal from Micronesian Appraisal Associates Order todayGet a fair valuation on a home for divorce settlementsA divorce is often complicated by the challenging decision of who keeps the house, and it can be an especially daunting ordeal for both parties. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from Micronesian Appraisal Associates, regardless of the circumstances. The parties will have a better idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Ascertain a fair and accurate valuation for estate liquidationThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. We guarantee 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 many 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 a disproportionate 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 walk away knowing they've received an honest deal. Relocate to or from Guam County for workEmployee relocation is a stressful event, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide input on the positive aspects of their property, along with information about any current sales or listings in their area that they want considered. Close on your home promptly — at an accurate priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. Apart from 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 finish the appraisal report. We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a trusted way to decide what improvements will add value and what an appropriate 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 homes stay on the market. 
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