Why you should hire an appraiser

Thousands of people in New Hampshire purchase, sell or refinance their home each year. Most of these transactions consist of 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 growing number of automated home valuation systems that might appear to be more cost-effective than an appraisal. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are additional cases when the services of a licensed, independent real estate professional could be beneficial.


	Contact Ranjewel Appraisals if you're planning on any transaction where the value of your real estate is a factor. Just click here

Let Ranjewel Appraisals help you challenge your tax assessment in Belknap County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a previous assessment of your home, 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 Ranjewel Appraisals is your best evidence. At Ranjewel Appraisals,we can assist you in challenging your tax assessment.

Let Ranjewel Appraisals help you lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance plan that many lenders ask buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the property. This additional payment is often folded into the monthly mortgage payment and is promptly forgotten. This is bad because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.

Ranjewel Appraisals will produce a statement regarding the value of your home, and the price you paid for the home valuation can generally be offset in a short amount of time because you'll no longer be paying the PMI.

An appraisal from Ranjewel Appraisals will help you settle a divorce with less stress

A divorce is often complicated by the strenuous decision of who gets the home, and it can be a very traumatic occurrence for both parties. It's a good idea to get an appraisal from Ranjewel Appraisals so both parties are fully aware of the true market value of their property, regardless of the situation.

If the parties want to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Settling an estate with peace of mind

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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

Most Americans don't have dedicated estate planners or executors to handle these matters, unlike wealthier individuals. And since a home or other property often makes up a disproportionate share of the total estate value, understanding the correct value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Let Ranjewel Appraisals assist you in relocating to or from Belknap County

Moving due to a job change can be a real pain. We know where you're coming from! That being said, we take great care in organizing an accommodating 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 intensive process.

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

A professional appraisal will help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, obtaining a professional appraisal is a reliable way to determine 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.