Ed Cline Appraisals in Beaver Falls perform appraisals for a variety of reasons

To a lot of us, an appraisal just looks like another fee on the settlement sheet for a mortgage or refinance. While there are a budding number of automated home valuation processes that might appear less expensive than an appraisal, most lenders still need a local expert because the stakes are very high. You might believe that securing a mortgage is the only reason you should get an appraisal, but there are other times when the services of a certified, independent real estate professional could be beneficial.


	For real estate appraisals in Beaver Falls and Beaver County, it's easiest when your order online from Ed Cline Appraisals, just click here.

Appeal your tax assessment in Beaver County

It's quite possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a past assessment of your real estate, so if prices have gone down in your area, you can appeal your assessment and save money. When building your case, an appraisal from Ed Cline Appraisals is your best evidence. At Ed Cline Appraisals,we can assist you in disputing your tax assessment.

Let Ed Cline Appraisals 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, almost all lenders ask home owners to take out an added insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this added payment is lumped into the monthly mortgage payment and is soon forgotten. This is damaging because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to remove the PMI installments when the balance is paid down to 78% of the original value.

Ed Cline Appraisals can provide you with a statement regarding the value of your home, and the expense of the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is a very traumatic event for the parties involved, and it is often even more complicated by the burdensome decision of who keeps the property. Regardless of the situation, it's a good idea to order an appraisal from Ed Cline Appraisals so both parties are completely aware of the true market value of their home.

The parties will have a better idea 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 received a fair evaluation.

Accurate and fair estate liquidation

Losing a loved one is a hard 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 highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Relocating to or from Beaver County

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

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

A professional appraisal can help you make a more informed decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are derived from our efforts to finish the appraisal report and and aren't related to the sales price.

We analyze the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a reliable 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 properties are one the market.