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Rosenblatt's Appraisal Service in Ocean City are hired for diverse clients
Year after year, thousands of people in Maryland buy, sell or refinance their home. Many of these transactions involve a simple line item for an appraisal.
Most lenders still want a local expert because the stakes are so high, even though there are a developing number of automated home valuation processes that might appear more practical than an appraisal.
You might believe that getting a mortgage is the only reason to acquire an appraisal, but there are more cases when the services of a certified, independent real estate professional might be beneficial.
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When you're planning on any transaction where the value of your home is in question, just contact Rosenblatt's Appraisal Service. Just click here
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Let Rosenblatt's Appraisal Service help you challenge your tax assessment in Worcester County
If you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes.
An appraisal from Rosenblatt's Appraisal Service is your best evidence when building your case.
At Rosenblatt's Appraisal Service, we're equipped to assist you in challenging your tax assessment.
How can you eliminate 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 real estate, nearly all lenders ask homebuyers to take out an extra insurance plan. That policy is Private Mortgage Insurance, or PMI.
Since the added payment is usually lumped into the monthly mortgage payment, it is often forgotten.
This is unfavorable because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level.
In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to remove the PMI installments when the balance is paid down to 78% of the original value.
If you'd like to eliminate PMI, Rosenblatt's Appraisal Service will give you a statement regarding the value of your home. The price you paid for the home valuation can generally be offset in just a few months because you'll no longer be paying the PMI.
An appraisal from Rosenblatt's Appraisal Service will help you settle a divorce with less stress
A divorce is an especially daunting event for the parties involved, and it is often even more complicated by the troublesome decision of who keeps the house.
So both parties are fully aware of the true market value of their home, it's a good idea to get an appraisal from Rosenblatt's Appraisal Service, regardless of the circumstances.
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.
Settling an estate with peace of mind
The loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate 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 wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these issues.
And since a home or other property often makes up a disproportionate share of the total estate value, understanding the precise value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Rosenblatt's Appraisal Service can help you with relocating to or from Worcester County
Moving due to a job change can be a more than just an inconvenience, and we understand.
That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection.
During our thorough process, we recommend relocating employees to provide input on the positive aspects of their property, as well as information about any current sales or listings in their neighborhood that they want considered.
Let Rosenblatt's Appraisal Service help you sell your home quickly at the right price
Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price.
Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for.
Our fees are based on our efforts to finish the appraisal report and not a percentage of the sales price.
We analyze the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis.
And we're experts in knowing how long houses stay on the market. So, obtaining a professional appraisal is a trusted way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market too long, costing you hassle and money.
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Rosenblatt's Appraisal Service 308B 14th Street Ocean City, MD 21842
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