Reasons to order an appraisal
Thousands of people in Georgia buy, sell or refinance their home every month. Most of these transactions contain a simple line item for an appraisal. Practically all lenders still call for a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation methods that might seem less expensive than an appraisal. Is getting a mortgage the only reason to get an appraisal? Are there more situations when the services of a licensed, independent real estate professional might be beneficial? You bet.
Challenge your tax assessment in Fayette County
If you are in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from ALL METRO ATLANTA APPRAISAL CO. is your best evidence when building your case. At ALL METRO ATLANTA APPRAISAL CO., we're equipped to assist you in appealing your tax assessment.
Removing PMI for mortgage payments
When the amount being loaned to the homebuyeris more than 80% of the actual value of the real estate, nearly all lenders ask homebuyers to purchase this added insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is damaging because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to get rid of PMI, ALL METRO ATLANTA APPRAISAL CO. can provide you with a statement regarding the value of your home. The expense of the appraisal can often be offset in little time because you'll no longer be paying the PMI.
Get your appraisal from ALL METRO ATLANTA APPRAISAL CO.Order online
Get a clear valuation on a home take make a divorce settlement less stressful
A divorce is a particularly traumatic experience for the parties involved, and it is often more complicated by the challenging decision of who maintains the property. So both parties are entirely aware of the true market value of their home, it's a good idea to get an appraisal from ALL METRO ATLANTA APPRAISAL CO., regardless of the circumstances.
The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Fair and accurate estate liquidation
Losing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the utmost degree of discretion.
Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal.
Relocate to or from Fayette County through an employee relocation program
We are aware of the headaches associated with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we encourage relocating employees to provide input on the positive characteristics of their property, along with information about any current sales or listings in their area that they want considered.
Sell your home quickly — at an accurate price
Whether you want 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 regarding your asking price. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees aren't a percentage of the sales price, but rather they rest on our efforts to complete the appraisal report.
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 propertiesare on the market. So, seeking a professional appraisal is a trusted way to decide what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.