Let Dana Ajello take care of your appraisal

To a lot of us, an appraisal just looks like one more thing on the settlement sheet for a mortgage or refinance. And while there are an increasing number of automated home valuation systems that might appear to be cheaper than an appraisal, almost all lenders still call for a local expert because the stakes are incredibly high. But is obtaining a mortgage the only reason to acquire an appraisal? Are there more instances when the services of a licensed, independent real estate professional could be beneficial? Of course.

If you're planning on any transaction where the value of your property is a factor, just contact Dana Ajello. Just click here.

Let Dana Ajello help you appeal your tax assessment in New Haven County

If you live in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Dana Ajello is your best evidence when building your case. At Dana Ajello,we can assist you in disputing your tax assessment.

Dana Ajello can help you get rid of PMI to lower your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the home, most lenders ask buyers to buy an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this extra payment is folded into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.

Dana Ajello will produce a statement regarding the value of your home, and the cost of the home valuation can often be regained in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is a very daunting event for the parties involved, and it is often even more complicated by the burdensome decision of who gets the property. So both parties are entirely aware of the true market value of their home, it's a good idea to get an appraisal from Dana Ajello, regardless of the situation.

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

Trustworthy estate liquidation

Losing a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for 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.

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these matters. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.

Let Dana Ajello assist you in relocating to or from New Haven County

Employee relocation is a stressful event, and we understand. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our thorough process, we recommend relocating employees to provide feedback on the positive attributes of their property, along with information regarding any new sales or listings in their area that they want considered.

Don't sell out for too little or let your home stay 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 selling price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are derived from our efforts to finish the appraisal report and not a percentage of the sales price.

On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long houses stay on the market. So, seeking 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 too long, costing you hassle and money.