Crescent Appraisal Group, Inc. in Metairie are called upon for numerous purposesThousands of people in Louisiana buy, sell or refinance their home every month. A lot of these transactions contain a simple line item for an appraisal. The majority of lenders still need a local expert because the stakes are very high, even though there are an increasing number of automated home valuation methods that may appear more cost-effective than an appraisal. You might think that securing a mortgage is the only reason to get an appraisal, but there are additional cases when the services of a licensed, independent real estate professional could come in handy.
Let Crescent Appraisal Group, Inc. help you dispute your tax assessment in Jefferson CountyIt's possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your house, so if values are less than what they used to be in your area, you can challenge your assessment and save money. When building your case, an appraisal from Crescent Appraisal Group, Inc. is your best evidence. We're qualified to assist you in appealing your tax assessment.
Let Crescent Appraisal Group, Inc. help you do away with PMI to lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate, many lenders ask homeowners to purchase an added insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often folded into the monthly mortgage payment and is soon forgotten. PMI is no longer required when the leftover 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 passed by the United States Congress that requires lenders to dismiss the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
Crescent Appraisal Group, Inc. will produce a statement regarding the value of your home, and the expense of the appraisal can often be regained in little time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a particularly traumatic ordeal for both parties, and it is often further complicated by the burdensome decision of who keeps the property. Regardless of the situation, it's a good idea to order an appraisal from Crescent Appraisal Group, Inc. so both parties are entirely aware of the true market value of their property.
The parties will have a clearer picture of what price to set, if they want 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.
Accurate and fair estate liquidation with help from Crescent Appraisal Group, Inc.Settling an estateThe loss 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 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).
Most Americans don't have dedicated estate planners or executors to take care of these matters, unlike wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Relocating to or from Jefferson CountyEmployee relocation can be a more than just an inconvenience. We know where you're coming from. We take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, along with information regarding any current sales or listings in their neighborhood that they want considered during our intensive process.
Selling your home quickly at the right price with an appraisal from Crescent Appraisal Group, Inc.Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. The price we charge isn't contingent upon the value opinion we render, but rather they are calculated on our efforts to complete the appraisal.
We analyze the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a trusted way to decide what improvements will add value and what an applicable 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 are one the market.