ABC-Appraisals By Colino in Glenville are called upon for diverse clients

To a lot of us, an appraisal is simply another cost in the long list of items for a home sale or refinance. Nearly all lenders still want a local expert because the stakes are very high, even though there are a growing number of automated home valuation processes that might appear to be less expensive than an appraisal. You might think that getting a mortgage is the only basis for getting an appraisal, but there are additional instances when the services of a certified, independent real estate professional might be beneficial.


	When you're planning on any transaction where the likely sales price of your property is in question, contact ABC-Appraisals By Colino. Just click here

Let ABC-Appraisals By Colino help you appeal your tax assessment in Schenectady County

If you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from ABC-Appraisals By Colino is your best evidence when building your case. We're equipped to assist you in appealing your tax assessment.

How can you do away with PMI to lower your mortgage payment?

Private Mortgage Insurance, or PMI, is an added insurance policy that many lenders ask home owners to buy when the amount being loaned to the buyer is more than 80% of the actual value of the property. This extra payment is often bundled into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips 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 eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to do away with PMI, ABC-Appraisals By Colino will give you a statement regarding the value of your home. The cost of the home valuation can often 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 particularly daunting ordeal for both parties, and it is often more complicated by the difficult decision of who keeps the home. It's a good idea to order an appraisal from ABC-Appraisals By Colino so both parties are entirely aware of the true market value of their property, 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 received a fair evaluation.

Fair and accurate estate liquidation with ABC-Appraisals By ColinoSettling an estate

Losing a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish 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).

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these issues. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the absolute value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.

ABC-Appraisals By Colino can assist you in relocating to or from Schenectady County

Employee relocation is 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 detailed process, we recommend employees that are moving to provide feedback on the positive attributes of their property, along with information about any new sales or listings in their neighborhood that they want considered.

Sell your home quickly at the right price

Whether you want 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. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't contingent upon the value opinion we render, but rather they are based on our efforts to finish the appraisal.

We determine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Getting 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 homes stay on the market.