Reasons someone would hire Jeffrey Byington

To many, an appraisal is simply a line item in the long list of items for a home purchase or refinance. And while there are an increasing number of automated home valuation systems that may seem more cost-effective than an appraisal, practically all lenders still want a local expert because the stakes are so high. You might assume that securing a mortgage is the only basis for getting an appraisal, but there are more cases when the services of a certified, independent real estate professional could be helpful.


	Secure appraisal ordering is not a problem with Jeffrey Byington. Just click here

Challenge your tax assessment in Fairfield 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. When building your case, an appraisal from Jeffrey Byington is your best evidence. At Jeffrey Byington, we're equipped to assist you in appealing your tax assessment.

How can you eliminate PMI to lower your mortgage payment?

Private Mortgage Insurance, or PMI, is an added insurance plan that nearly all lenders ask buyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. This extra payment is often folded into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to dismiss the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Jeffrey Byington will produce a statement regarding the value of your home. The price you paid for the home valuation can usually be offset in little time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce can be a very daunting event 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 Jeffrey Byington so both parties are completely aware of the true market value of their house, regardless of the situation.

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 assessment.

Trustworthy estate liquidation

The death 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 maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

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

Let Jeffrey Byington assist you in relocating to or from Fairfield County

We are familiar with the stress involved with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest employees that are moving to provide input on the positive features of their property, along with information about any new sales or listings in their area that they want considered.

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

A professional appraisal will help you make a better educated decision regarding your selling price, whether you want to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are calculated on our efforts to perform the appraisal report and not a percentage of the sales price.

We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties are on the market. So, 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 too long, costing you time and money.