Why you should order an appraisal from ALL METRO ATLANTA APPRAISAL CO.
Every year, thousands of people in Georgia buy, sell or refinance their home. Most of these transactions include a simple line item for an appraisal. While there are a multiplying number of automated home valuation processes that might appear to be more prudent than an appraisal, practically all lenders still need a local expert because the stakes are incredibly high. You might assume that obtaining a mortgage is the only basis for getting an appraisal, but there are other instances when the services of a certified, independent real estate professional might be beneficial.
Dispute your tax assessment in Fayette County
It's quite possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are determined by a previous assessment of your home, so if values have declined in your area, you can appeal your assessment and save money. An appraisal from ALL METRO ATLANTA APPRAISAL CO. is your best evidence when building your case. At ALL METRO ATLANTA APPRAISAL CO., we're capable of assisting you in challenging your tax assessment.
Remove PMI to lower your mortgage payment
Private Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the property. Since the 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 - goes below the 80% level, 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 payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, ALL METRO ATLANTA APPRAISAL CO. will produce a statement regarding the value of your home. The expense of the appraisal can generally be offset in just a few months because you'll no longer be paying the PMI.
Get your appraisal from ALL METRO ATLANTA APPRAISAL CO.Order today
Divorce settlement with fewer hang-ups
A divorce is often complicated by the hard decision of who keeps the property, and it can be a very horrible ordeal for both parties. So both parties are entirely aware of the true market value of their house, it's a good idea to order an appraisal from ALL METRO ATLANTA APPRAISAL CO., regardless of the circumstances.
The parties will have a clearer picture of what price to set, if they need 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 evaluation.
Accurate and fair estate liquidation
Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. We ensure the utmost 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 manage these matters. And since a home or other property often makes up an unequal share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.
Move to or from Fayette County for work
We understand the headaches involved with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information about any current sales or listings in their neighborhood that they want considered during our thorough inspection.
Close on your home promptly — for an accurate price
A professional appraisal will help you make a more informed decision when determining your asking price, whether you want to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't related to the sales price, but rather they are based on our efforts to finish the appraisal report.
We determine 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 homesare on the market. So, seeking 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 an unnecessarily long time.