Thousands of people in Georgia buy, sell or refinance their home each year. Many of these transactions include a simple line item for an appraisal.
Most lenders still want a local expert because the stakes are so high, even though there are a budding number of automated home valuation systems that might appear to be cheaper than an appraisal.
You might think that getting a mortgage is the only basis for getting an appraisal, but there are more instances when the services of a licensed, independent real estate professional could come in handy.
When you're planning on any transaction where the likely sales price of your real estate is a factor, you should contact Appraisal Associates of North Georgia. Just click here
Let Appraisal Associates of North Georgia help you appeal your tax assessment in Clarke County
If you live in an area where property values have declined, it's possible you're paying too much in property taxes.
When building your case, an appraisal from Appraisal Associates of North Georgia is your best evidence.
We're qualified to assist you in challenging your tax assessment.
How can you eliminate PMI to lower your mortgage payment?
When the amount being loaned to the home buyer is more than 80% of the actual value of the home, almost all lenders ask home owners to take out an additional insurance policy. That policy is Private Mortgage Insurance, or PMI.
This additional payment is often bundled into the monthly mortgage payment and is soon forgotten.
This is unfortunate because PMI becomes 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 passed by the United States Congress that requires lenders to do away with the PMI installments when the balance is paid down to 78% of the original value.
Appraisal Associates of North Georgia can produce a statement regarding the value of your home, and the price you paid for the appraisal can often be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress
A divorce is an especially heartbreaking event for the parties involved, and it is often more complicated by the challenging decision of who gets the house.
It's a good idea to order an appraisal from Appraisal Associates of North Georgia so both parties are fully aware of the true market value of their house, regardless of the circumstances.
The parties will have a better idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Accurate and fair estate liquidation
The loss of a loved one is a hard 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.
The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.
Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these affairs.
And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the certain value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received a fair deal.
Appraisal Associates of North Georgia can help you with relocating to or from Clarke County
Moving due to a job change can be a more than just an inconvenience. We know where you're coming from.
We take great care in setting up a convenient appointment time for the appraisal inspection.
During our detailed process, we encourage employees that are moving to provide input on the positive aspects of their property, as well as information about any current sales or listings in their area that they want considered.
Sell your home quickly at the right price
Whether you choose to sell your home on your own or with the help 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 price the house sells for, which is different than the interest of real estate agents.
Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make.
Obtaining 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 - because we're experts in knowing how long homes are one the market.
