Reasons someone would call Mike Archuleta

Year after year, thousands of people in New Mexico purchase, sell or refinance their home. A lot of these transactions contain a simple line item for an appraisal. Nearly all lenders still want a local expert because the stakes are very high, even though there are an increasing number of automated home valuation systems that may seem more practical than an appraisal. But is obtaining a mortgage the only basis for getting an appraisal? Are there more cases when the services of a licensed, independent real estate professional could come in handy? You bet.


	For real estate appraisals in Ranchos De Taos and Taos County, it's easiest when your order online from Mike Archuleta, just click here.

Dispute your tax assessment in Taos County

It's possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are determined by a previous assessment of your real estate, so if prices are less than what they used to be in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from Mike Archuleta is your best evidence. At Mike Archuleta,we can assist you in challenging your tax assessment.

Mike Archuleta can help you do away with 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 property. Seeing that additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to dismiss the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

Mike Archuleta will give you a statement regarding the value of your home, and the expense of the appraisal can generally be recovered in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is an especially daunting experience for the parties involved, and it is often more complicated by the challenging decision of who maintains the house. Regardless of the situation, it's a good idea to get an appraisal from Mike Archuleta so both parties are completely aware of the true market value of their home.

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

Fair and accurate estate liquidation with help from Mike ArchuletaSettling an estate

Losing a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property 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 many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the certain value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Mike Archuleta can help you with relocating to or from Taos County

Employee relocation is a stressful event. We know where you're coming from! That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our thorough process, we encourage relocating employees to provide remarks on the positive features of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered.

Let Mike Archuleta assist you in selling your home quickly at the right price

A professional appraisal will help you make a better educated decision regarding your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees depend on our efforts to perform the appraisal report and and aren't related to the sales price.

On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes stay on the market. So, seeking 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 for an extended amount of time.