Getting an appraisal from Allatoona Appraisal
To many, an appraisal is simply one more thing on the settlement sheet for a mortgage or refinance.
Practically all lenders still want a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation systems that might seem less expensive than an appraisal.
But is getting a mortgage the only basis for getting an appraisal? Are there other instances when the services of a certified, independent real estate professional might come in handy? Absolutely.
Order appraisals online from Allatoona Appraisal by simply clicking here.
Dispute your tax assessment in Cobb County
It's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a past assessment of your home, so if prices have declined in your neighborhood, you can challenge your assessment and save money.
When building your case, an appraisal from Allatoona Appraisal is your best evidence.
We're qualified to assist you in challenging your tax assessment.
Removing PMI will lower your mortgage payment
Private Mortgage Insurance, or PMI, is an added insurance policy that many lenders ask homebuyers to buy when the amount being loaned to the buyer is more than 80% of the actual value of the property.
Seeing that added payment is usually bundled into the monthly mortgage payment, it is often forgotten.
This is damaging because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark.
In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to remove the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
Allatoona Appraisal will give you a statement regarding the value of your home, and the price you paid for the home valuation can usually be recovered 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 Allatoona Appraisal
A divorce is a particularly heartbreaking ordeal for the parties involved, and it is often more complicated by the strenuous decision of who keeps the house.
So both parties are fully aware of the true market value of their property, it's a good idea to order an appraisal from Allatoona Appraisal, regardless of the situation.
If the parties need to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Fair and accurate estate liquidation
The loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved.
We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these issues.
And since a home or other property often makes up an uneven share of the total estate value, understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.
Let Allatoona Appraisal help you with relocating to or from Cobb County
Moving due to a job change can be a more than just an inconvenience, and we understand.
That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection.
During our detailed process, we suggest employees that are moving to provide feedback on the positive features of their property, as well as information regarding any new sales or listings in their area that they want considered.
Selling your home quickly at the right price
A professional appraisal will help you make a better educated decision when determining your selling price, whether you decide 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 are based on our efforts to complete the appraisal report and and aren't related to the sales price.
We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis.
And we're experts in knowing how long properties stay on the market. So, getting a professional appraisal is a trusted way to decide 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.