Let Allatoona Appraisal handle your appraisal needs
To a lot of us, an appraisal is simply a line item in the long list of items for a home purchase or refinance. Most lenders still want a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation processes that might seem more practical than an appraisal. You might think that securing a mortgage is the only reason you should get an appraisal, but there are other instances when the services of a certified, independent real estate professional might be beneficial.
Dispute your tax assessment
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 values are less than what they used to be in your area, you can appeal your assessment and save money. An appraisal from Allatoona Appraisal is your best evidence when building your case. We can assist you in disputing your tax assessment.
PMI removal to lower a mortgage payment
Private Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask home buyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the property. This added payment is often folded into the monthly mortgage payment and is promptly forgotten. PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Allatoona Appraisal can provide you with a statement regarding the value of your home, and the cost of the appraisal can usually be regained in a short amount of time because you'll no longer be paying the PMI.
Order an appraisal from Allatoona AppraisalOrder today
Divorce settlement with less stress
A divorce is often complicated by the strenuous decision of who keeps the home, and it can be a particularly daunting occurrence for both parties. 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.
The parties will have a a good idea of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Fair and accurate estate liquidation
The loss of 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 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).
Most Americans don't have dedicated estate planners or executors to take care of these matters, unlike wealthier individuals. And since a home or other property often makes up a disproportionate share of the total estate value, understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Move to or from Cobb County through an employee relocation program
Employee relocation is a stressful event, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide input on the positive aspects of their property, along with information regarding any current sales or listings in their neighborhood that they want considered.
Sell your home promptly — for an accurate price
A professional appraisal will help you make a more informed decision when determining your selling 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 rest on our efforts to complete the appraisal report and and aren't related to the sales price.
On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long propertiesstay on the market. So, obtaining 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 an unnecessarily long time.