Reasons someone would need Marshall Appraisal Associates (770) 517-3133 9770Thousands of people in Georgia buy, sell or refinance their home every month. Most of these transactions consist of a simple line item for an appraisal. Almost all lenders still want a local expert because the stakes are so high, even though there are an increasing number of automated home valuation systems that might appear to be more cost-effective than an appraisal. But is securing a mortgage the only reason to get an appraisal? Are there additional situations when the services of a certified, independent real estate professional could be beneficial? You bet.
Dispute your tax assessment in Cherokee CountyIt's possible 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 house, so if values have gone down in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from Marshall Appraisal Associates (770) 517-3133 9770 is your best evidence. At Marshall Appraisal Associates (770) 517-3133 9770 , we're qualified to assist you in disputing your tax assessment.
Marshall Appraisal Associates (770) 517-3133 9770 can help you eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that nearly all lenders ask homebuyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. Since the added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases 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 installments when the balance is paid down to 78% of the original value.
Marshall Appraisal Associates (770) 517-3133 9770 will provide you with a statement regarding the value of your home, and the expense of the appraisal can usually be offset in just a few months because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a particularly traumatic experience for both parties, and it is often further complicated by the troublesome decision of who gets the house. Regardless of the situation, it's wise to order an appraisal from Marshall Appraisal Associates (770) 517-3133 9770 so both parties are completely aware of the true market value of their house.
If the parties want 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 received a fair assessment.
Trustworthy estate liquidationThe 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 Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.
Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these matters. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.
Marshall Appraisal Associates (770) 517-3133 9770 can help you with relocating to or from Cherokee CountyEmployee relocation is a real pain. We know where you're coming from! That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our intensive process.
Selling your home quickly at the right price with an appraisal from Marshall Appraisal Associates (770) 517-3133 9770Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision when determining your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. The price we charge isn't contingent upon the value we come up with, but rather they are calculated on our efforts to complete the appraisal.
On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a reliable way to decide 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 - because we're experts in knowing how long properties are one the market.