Getting an appraisal from Adams Appraisal ServiceThousands of people in Georgia purchase, sell or refinance their home every month. Most of these transactions include a simple line item for an appraisal. Even though there are a developing number of automated home valuation methods that may appear less expensive than an appraisal, the majority of lenders still want a local expert because the stakes are very high. You might believe that getting a mortgage is the only reason to get an appraisal, but there are additional instances when the services of a licensed, independent real estate professional could be beneficial.
Challenge your tax assessment in Baldwin CountyIf you live in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Adams Appraisal Service is your best evidence when building your case. We're equipped to assist you in disputing your tax assessment.
PMI removal will lower your mortgage paymentWhen the amount being loaned to the home buyer is more than 80% of the actual value of the property, nearly all lenders ask homeowners to purchase an added insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to get rid of PMI, Adams Appraisal Service can provide you with a statement regarding the value of your home. The expense of the home valuation can often be offset in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is an especially daunting ordeal for the parties involved, and it is often further complicated by the challenging decision of who maintains the property. It's a good idea to get an appraisal from Adams Appraisal so both parties are entirely aware of the true market value of their home, regardless of the circumstances.
If the parties need to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Fair and accurate estate liquidationLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish 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 fullest degree of discretion.
Most Americans do not have dedicated estate planners or executors to manage these issues, unlike wealthier individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Let Adams Appraisal Service help you with relocating to or from Baldwin CountyWe understand the headaches involved with an employee relocation. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough process, we recommend relocating employees to provide remarks on the positive features of their property, as well as information about any new sales or listings in their area that they want considered.
Sell your home quickly at the right price with an appraisal from Adams Appraisal ServiceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to finish the appraisal.
We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses stay on the market. So, seeking a professional appraisal is a reliable 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.