Why you should get an appraisal from Millsap Appraisal Service

Thousands of people in Indiana buy, sell or refinance their home every year. A lot of these transactions have a simple line item for an appraisal. Nearly all lenders still want a local expert because the stakes are so high, even though there are a developing number of automated home valuation systems that may seem more prudent than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there also times when the services of a certified, independent real estate professional could come in handy? Absolutely.


	Order appraisals online from Millsap Appraisal Service by simply clicking here.

Challenge your tax assessment in La Porte County

It's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a previous assessment of your house, so if prices are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from Millsap Appraisal Service is your best evidence. We're equipped to assist you in challenging your tax assessment.

Let Millsap Appraisal Service help you do away with PMI to lower your mortgage payment

When the amount being loaned to the home owner is more than 80% of the actual value of the property, many lenders ask home buyers to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is soon forgotten. This is bad because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to remove the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Millsap Appraisal Service can provide you with a statement regarding the value of your home. The cost of the home valuation can generally be regained in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce can be an especially traumatic event for both parties, and it is often further complicated by the challenging decision of who maintains the house. It's a good idea to order an appraisal from Millsap Appraisal Service so both parties are fully aware of the true market value of their property, regardless of the situation.

If the parties need to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Fair and accurate estate liquidation with Millsap Appraisal ServiceSettling an estate

The loss 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 Market Value for the real estate 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 wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Millsap Appraisal Service can assist you in relocating to or from La Porte County

We understand the headaches associated with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information about any recent sales or listings in their neighborhood that they want considered during our thorough process.

Don't sell out short or let your home stay on the market too long.

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees are based on our efforts to perform the appraisal report and and aren't related to the sales price.

On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a trusted way to determine 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 properties stay on the market.