Helpful Info for Home Owners

What is USPAP?

USPAP (pronounced "YOOS-pap") is the Uniform Standards of Professional Appraisal Practice. USPAP is published and maintained by the Appraisal Standards Board (ASB) of the Appraisal Foundation, a non-governmental entity charged by Congress with promulgating appraisal standards.

USPAP is revised periodically, usually annually. It includes sections covering rules, such as an Ethics Rule, a Departure Rule, and a Competency Rule. It includes 10 Standards and Advisory Opinions, such as "When does USPAP apply in valuation services?" and "Clarification of the client in a federally related transaction," which describe real-life problems and how they would be governed under the Rules and Standards of USPAP. Every appraiser is charged with knowing and following USPAP, usually in accordance with state law, and must complete Continuing Education periodically to become familiar with new Advisory Opinions and annual changes to USPAP.

Homeowner Appraisal Services

Homeowners need appraisals for various reasons including a mortgage refinance, home equity loans, pre-listing services, and PMI removal. When you order an appraisal or appraisal review from Tampa Appraisal Network Incorporated, you can rest assured that you will get the best in professional service, courtesy, and quality.

For-Sale-By-Owner (FSBO) / Pre-Listing Services

It's very hard to be objective about your own home because of your emotional attachment to it. A Professional Appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something concrete to show your buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your home is worth. Potential buyers know you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value opinion than yours.

PMI Removal Appraisals

In the last few years we’ve helped hundreds of people get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your home, you may be able to apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. We are experienced in helping folks just like you get the PMI insurance removed.

Refinance / Home Equity

Be sure that you request us if your lender asks you for YOUR choice of appraisal firms. More than likely we are already on their "approved list", and if not we will quickly provide your lender with the necessary documentation to become approved.

Our Services

We are a leading provider of appraisals for:

• Primary and Secondary Mortgages
• Mortgage Refinancing
• Private Mortgage Insurance Removal
• Estate Planning
• Divorce Settlement
• FHA Financing