Reasons someone would call Homeward AppraisalsEvery year, thousands of people in Georgia purchase, sell or refinance their home. Most of these transactions involve a simple line item for an appraisal. Practically all lenders still need a local expert because the stakes are incredibly high, even though there are a budding number of automated home valuation systems that might appear less expensive than an appraisal. You might think that obtaining a mortgage is the only basis for getting an appraisal, but there are additional situations when the services of a certified, independent real estate professional could be helpful.
Dispute your tax assessment in Pickens CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Homeward Appraisals is your best evidence when building your case. We're capable of assisting you in disputing your tax assessment.
Homeward Appraisals can help you get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the home buyer is more than 80% of the actual value of the property, many lenders ask homeowners to purchase an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this extra payment is lumped into the monthly mortgage payment and is soon forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfortunate. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.
Homeward Appraisals will produce a statement regarding the value of your home, and the cost of the appraisal can often be regained in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the strenuous decision of who keeps the house, and it can be a very heartbreaking experience for both parties. It's a good idea to order an appraisal from Homeward Appraisals so both parties are entirely aware of the true market value of their home, regardless of the circumstances.
If the parties wish to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Trustworthy estate liquidationThe 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, guaranteeing the highest degree of discretion.
Most Americans don't have dedicated estate planners or executors to handle these issues, unlike many wealthy individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Homeward Appraisals can help you with relocating to or from Pickens CountyMoving due to a job change is a stressful event, and we understand. 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 feedback on the positive aspects of their property, as well as information regarding any new sales or listings in their area that they want considered.
Let Homeward Appraisals assist you in selling your home quickly at the right priceWhether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision when determining your asking price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are based on our efforts to perform the appraisal report and and aren't related to the sales price.
On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable way to determine 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.