Let Ouachita Appraisals take care of your appraisal

Thousands of people in Arkansas buy, sell or refinance their home every year. Many of these transactions consist of a simple line item for an appraisal. Practically all lenders still call in a local expert because the stakes are so high, even though there are a budding number of automated home valuation processes that may seem more cost-effective than an appraisal. You might assume that securing a mortgage is the only basis for getting an appraisal, but there are more situations when the services of a licensed, independent real estate professional might be helpful.


	Contact Ouachita Appraisals if you're planning on any transaction where the value of your house is a factor. Just click here

Let Ouachita Appraisals help you appeal your tax assessment in Ouachita 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 Ouachita Appraisals is your best evidence when building your case. At Ouachita Appraisals,we can assist you in disputing your tax assessment.

How can you get rid of 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 property, many lenders ask home owners to buy an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this extra payment is lumped 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 - decreases below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to do away with the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

Ouachita Appraisals will produce a statement regarding the value of your home, and the expense of the appraisal can often be regained in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Ouachita Appraisals

A divorce can be a particularly daunting experience for both parties, and it is often further complicated by the challenging decision of who maintains the property. So both parties are completely aware of the true market value of their house, it's a good idea to order an appraisal from Ouachita Appraisals, regardless of the circumstances.

The parties will have a a good idea of what price to set, if they want 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 assessment.

Settling an estate with peace of mind

Losing 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

Most Americans don't have dedicated estate planners or executors to take care of these issues, unlike wealthy individuals. 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 leave knowing they've gotten an honest deal.

Let Ouachita Appraisals help you with relocating to or from Ouachita County

We understand the stress involved with an employee relocation. 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 characteristics of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our thorough process.

Sell your home quickly at the right price with an appraisal from Ouachita Appraisals

Whether you choose 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 when determining your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value we report, but rather they depend on our efforts to complete the appraisal.

On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a reliable way to determine 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 an unnecessarily long time - because we're experts in knowing how long houses are one the market.