Why you should order an appraisal from Allatoona Appraisal

To a lot of people, an appraisal just looks like a line item in the long list of items for a home sale or refinance. Even though there are a multiplying number of automated home valuation processes that may appear to be more practical than an appraisal, most lenders still need a local expert because the stakes are so high. Is securing a mortgage the only basis for getting an appraisal? Are there additional situations when the services of a licensed, independent real estate professional might be helpful? Of course.

Let Allatoona Appraisal assist you in lowering your mortgage payment

Dispute your tax assessment in Cobb County

If you are in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Allatoona Appraisal is your best evidence when building your case. We're equipped to assist you in challenging your tax assessment.

Get rid of PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that many lenders ask buyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the property. More often than not, this added payment is folded into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked 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 eliminate PMI, Allatoona Appraisal can give you a statement regarding the value of your home. The price you paid for the appraisal can often be recovered in a short amount of time because you'll no longer be paying the PMI.

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Settle a divorce with fewer hang-ups

A divorce is often complicated by the burdensome decision of who maintains the house, and it can be an especially traumatic event for both parties. Regardless of the situation, it's a good idea to get an appraisal from Allatoona Appraisal so both parties are entirely aware of the true market value of their home.

The parties will have a clearer picture of what price to set, if they need 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 assessment.

Accurate and fair estate liquidation

Losing a loved one is a hard 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. We ensure 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 do not have dedicated estate planners or executors to manage these issues, unlike wealthy individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Relocate to or from Cobb County for work

Employee relocation is a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, along with information about any new sales or listings in their neighborhood that they want considered during our intensive inspection.

Close on your home quickly — for the right price

A professional appraisal will help you make a more informed decision regarding your selling price, whether you choose to sell your home on your own or with the help of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they depend on our efforts to finish the appraisal report.

On a daily basis, we determine 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 trusted 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.

Let Allatoona Appraisal help you sell your home quickly at the right price