Why you should get an appraisalThousands of people in Oklahoma purchase, sell or refinance their home every year. Many of these transactions have a simple line item for an appraisal. Even though there are a developing number of automated home valuation systems that may seem more prudent than an appraisal, practically all lenders still want a local expert because the stakes are so high. You might believe that obtaining a mortgage is the only reason you should get an appraisal, but there are other instances when the services of a licensed, independent real estate professional could be beneficial. 
Appeal your tax assessmentIf you live in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from Barnes Appraisal Company is your best evidence when building your case. At Barnes Appraisal Company, we're capable of assisting you in challenging your tax assessment. Remove PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask homeowners to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. Most often, this added payment is folded into the monthly mortgage payment and is promptly forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Barnes Appraisal Company can produce a statement regarding the value of your home. The expense of the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI. Order your appraisal from Barnes Appraisal Company today Order onlineDivorce settlement with less stressA divorce can be an especially daunting ordeal for both parties, and it is often more complicated by the hard decision of who keeps the house. So both parties are entirely aware of the true market value of their property, it's a good idea to order an appraisal from Barnes Appraisal Company, regardless of the circumstances. The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Determine a fair and accurate valuation for estate liquidationThe death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion. Most Americans do not have dedicated estate planners or executors to handle these affairs, unlike wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal. Move to or from Comanche County for workWe know the headaches involved with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide remarks on the positive aspects of their property, as well as information regarding any new sales or listings in their area that they want considered. Close on your home promptly — at an accurate priceA professional appraisal will help you make a more informed decision when determining your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees depend 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 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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