Let Michael Smith Appraisals, Inc handle your appraisalThousands of people in Georgia purchase, sell or refinance their home every month. A lot of these transactions have a simple line item for an appraisal. While there are a developing number of automated home valuation methods that might appear more practical than an appraisal, nearly all lenders still need a local expert because the stakes are incredibly high. But is obtaining a mortgage the only basis for getting an appraisal? Are there other times when the services of a certified, independent real estate professional could be helpful? Of course.
Let Michael Smith Appraisals, Inc help you dispute your tax assessment in Floyd CountyIf you reside in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Michael Smith Appraisals, Inc is your best evidence when building your case. At Michael Smith Appraisals, Inc,we can assist you in disputing your tax assessment.
Let Michael Smith Appraisals, Inc help you lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance policy that almost all lenders ask home owners to buy when the amount being loaned to the home owner is more than 80% of the actual value of the home. This additional payment is often lumped into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires 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, Michael Smith Appraisals, Inc will produce a statement regarding the value of your home. The cost of the appraisal can generally be recovered in a short amount of time because you'll no longer be paying the PMI.
An appraisal from Michael Smith Appraisals, Inc will help you settle a divorce with less stressA divorce is a very traumatic experience for the parties involved, and it is often even more complicated by the hard decision of who gets the home. It's a good idea to get an appraisal from Michael Smith Appraisals, Inc so both parties are fully aware of the true market value of their house, regardless of the situation.
The parties will have a clearer picture 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 gotten a fair assessment.
Accurate and fair estate liquidationThe loss of a loved one is a hard 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, guaranteeing the highest degree of discretion.
Most Americans do not have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.
Relocating to or from Floyd County?We are aware of the stress involved with an employee relocation. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered during our detailed process.
Sell your home quickly at the right priceWhether you decide 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 price the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value we report, but rather they depend on our efforts to complete the appraisal.
We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses are on the market. So, seeking 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 for an extended amount of time.