There are lots of reasons people call on Richardson Realty & Appraisal LLC

To a lot of people, an appraisal just looks like a line item on the break-sheet for a home purchase or refinance. While there are an increasing number of automated home valuation methods that might appear to be less expensive than an appraisal, almost all lenders still want a local expert because the stakes are so high. You might assume that obtaining a mortgage is the only reason to get an appraisal, but there are other times when the services of a licensed, independent real estate professional could be beneficial.


	For real estate appraisals in Hattiesburg and Lamar County, it's easiest when your order online from Richardson Realty & Appraisal LLC, just click here.

Dispute your tax assessment in Lamar County

If you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Richardson Realty & Appraisal LLC is your best evidence when building your case. We're qualified to assist you in appealing your tax assessment.

Let Richardson Realty & Appraisal LLC help you lower your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the property, most lenders ask home buyers to purchase an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this added payment is bundled into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Richardson Realty & Appraisal LLC can provide you with a statement regarding the value of your home. The expense of the appraisal can often be offset in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is an especially heartbreaking ordeal for the parties involved, and it is often more complicated by the challenging decision of who maintains the house. Regardless of the circumstances, it's prudent to get an appraisal from Richardson Realty & Appraisal LLC so both parties are fully aware of the true market value of their house.

If the parties need 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 assessment.

Accurate and fair estate liquidation with Richardson Realty & Appraisal LLCSettling an estate

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair 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 highest degree of discretion.

Most Americans do not have dedicated estate planners or executors to take care of these matters, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal.

Let Richardson Realty & Appraisal LLC assist you in relocating to or from Lamar County

Employee relocation is a real pain, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our thorough process.

Let Richardson Realty & Appraisal LLC help you sell your home quickly at the right price

A professional appraisal can help you make a more informed decision regarding your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't contingent upon the value we report, but rather they are calculated on our efforts to complete the appraisal.

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 are 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 for an extended amount of time.