Why you should hire an appraiser

To a lot of people, an appraisal just looks like one more thing in the long list of items for a mortgage or refinance. Nearly all lenders still call in a local expert because the stakes are so high, even though there are a developing number of automated home valuation processes that might appear more prudent than an appraisal. Is getting a mortgage the only reason you should get an appraisal? Are there other cases when the services of a certified, independent real estate professional might come in handy? Absolutely.

Let A. M. Appraisals assist you in lowering your mortgage payment

Dispute your tax assessment

If you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from A. M. Appraisals is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment.

Eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an extra insurance plan that nearly all lenders ask buyers to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the property. Seeing that extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, A. M. Appraisals can give you a statement regarding the value of your home. The cost of the home valuation can usually be regained in just a few months because you'll no longer be paying the PMI.

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Divorce settlement with fewer hang-ups

A divorce can be an especially horrible event for both parties, and it is often more complicated by the burdensome decision of who gets the property. So both parties are entirely aware of the true market value of their property, it's a good idea to order an appraisal from A. M. Appraisals, regardless of the circumstances.

If the parties wish to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Ascertain an accurate and fair valuation for 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 residential property involved. We guarantee 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 don't have dedicated estate planners or executors to take care of these matters, unlike wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.

Relocate to or from Lexington County through an employee relocation program

We know the headaches associated with an employee relocation. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our thorough inspection.

Sell your home quickly — at the right price

Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to finish the appraisal report and and aren't related to the sales price.

We determine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homesstay on the market. So, getting a professional appraisal is a reliable way to decide what improvements will add value and what an appropriate 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 A. M. Appraisals assist you in selling your home quickly at the right price

Do you need some extra cash?

We can determine the value of your property so that the bank or mortgage company of your choice will know how much money to loan you. This is typically an essential step in the loan process.

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