News / Real Estate
The Many Reason Real Estate Appraisals in Houston, Texas are Important
Appraisals are a very important part of buying, selling, or refinancing a home. All of these transactions include a simple line item for an appraisal, but these are not the only times when real estate appraisals are important. Real estate appraisers can com in handy for property tax challenges, PMI removal, presale decisions, estate planning, liquidations, or divorce. LanCo Realty Services has been providing Houston with real estate appraisals since 1986. With over 27 years of experience in the appraisal of commercial real estate properties, property tax reduction, client consultation, and more, we are Houston’s go to real estate appraisal firm.
Being Houston’s premiere real estate appraisal firm, we see that every year thousands of people in the United States wither sell, buy, or refinance their home. However, while these are the most common transactions that require a simple line item for an appraisal, there are other times when a certified, licensed and independent Real Estate Appraiser in Houston will definitely come in handy. These include property tax challenges, PMI Removal, estate planning, liquidation or divorce.
Although it may not be the best idea to commission a full appraisal just to lower your tax bill a few hundred dollars, anytime you want to go against the government, especially when it comes to taxes, it is critical that you have a professional on your side. Many times an appraiser can do a limited appraisal or neighborhood analysis and prepare those documents for much less, which carries a lot of weight when you appear before an appeals board. This is also true of PMI removal. Trying to remove your private mortgage insurance can be a hassle. Many appraisers offer a specific service for homeowners that believe they have met the 80% loan-to-value metric. Appraisers, for a small fee, can provide you with a statement regarding the home value and may even go the extra mile to help you file a challenge with your mortgage company. No matter what you pay though, the cost is generally recovered in just a few months of saving on the PMI.
Other times when we see that many people call professional real estate appraisers in Houston is during an estate planning, liquidation and even divorce. In these situations, emotions can run high and cloud judgment making crunching numbers difficult. An appraiser can help by making sure the estate is fairly disposed of and the value is accurate and understood. With a expert appraiser involved, everyone knows that they got a fair deal.
LanCo Realty Services, LLC also provides State Certified appraisers and contract with MAI, SRPA, SREA, as well as ASA designated appraisers. Call today to inquire about our services at 281-781-8287.
