Why order an appraisal from William DeTullio Real Estate Appraisals, LLC.?

To a lot of people, an appraisal is simply one more thing in the long list of items for a home purchase or refinance. Most lenders still call in a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation systems that may seem more cost-effective 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 might come in handy? Of course.


	For real estate appraisals in Thomaston and New Haven County, it's easiest when your order online from William DeTullio Real Estate Appraisals, LLC., just click here.

Let William DeTullio Real Estate Appraisals, LLC. help you dispute your tax assessment in New Haven County

It's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your house, so if prices have declined in your area, you can appeal your assessment and save money. An appraisal from William DeTullio Real Estate Appraisals, LLC. is your best evidence when building your case. We're capable of assisting you in challenging your tax assessment.

Getting rid of your PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask homebuyers to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. This additional payment is often bundled into the monthly mortgage payment and is soon forgotten. This is damaging because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

William DeTullio Real Estate Appraisals, LLC. can provide you with a statement regarding the value of your home, and the cost of the home valuation can usually be recovered in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce can be a very traumatic experience for both parties, and it is often even more complicated by the hard decision of who keeps the house. It's a good idea to get an appraisal from William DeTullio Real Estate Appraisals, LLC. so both parties are entirely aware of the true market value of their home, regardless of the circumstances.

If the parties wish to sell the home, they'll have a clearer picture 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.

Settling an estate with peace of mind

Losing 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 residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion.

Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike wealthy individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the absolute value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Relocating to or from New Haven County?

Moving due to a job change can be a more than just an inconvenience. We know where you're coming from! That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our thorough process, we encourage relocating employees to provide remarks on the positive attributes of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered.

Don't sell out for too little or keep your home on the market too long.

Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your asking price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't contingent upon the value we report, but rather they are calculated on our efforts to complete the appraisal.

On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted 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 - because we're experts in knowing how long houses are one the market.