Let Vista Real Estate Services, Inc. take care of your appraisal needsEach year, thousands of people in Illinois buy, sell or refinance their home. Most of these transactions contain a simple line item for an appraisal. Even though there are an increasing number of automated home valuation methods that may appear to be more practical than an appraisal, nearly all lenders still need a local expert because the stakes are so high. Is getting a mortgage the only reason to get an appraisal? Are there also cases when the services of a licensed, independent real estate professional could be beneficial? Of course there are. 
Challenge your tax assessmentIt's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a previous assessment of your real estate, so if values have declined in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. At Vista Real Estate Services, Inc., we're capable of assisting you in appealing your tax assessment. Eliminating PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that nearly all lenders ask buyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. More often than not, this additional payment is folded into the monthly mortgage payment and is soon forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. 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 payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Vista Real Estate Services, Inc. can produce a statement regarding the value of your home. The price you paid for the home valuation can usually be offset in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Vista Real Estate Services, Inc. Order onlineSettle a divorce with less stressA divorce is often complicated by the difficult decision of who gets the house, and it can be an especially horrible experience for both parties. Regardless of the situation, it's a good idea to order an appraisal from Vista Real Estate Services, 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 wish 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 evaluation. Ascertain a fair and accurate valuation for estate liquidationLosing 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. We guarantee 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 do not have dedicated estate planners or executors to manage these issues, unlike many wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from Cook County through an employee relocation programWe are aware of the stress involved with an employee relocation. That's why we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, along with information regarding any recent sales or listings in their area that they want considered during our detailed inspection. Close on your home promptly — for 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. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to complete the appraisal report. We examine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesstay on the market. So, getting 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. 
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