Reasons you should order an appraisal from Accurate Appraisals of North CarolinaTo many, an appraisal is simply one more thing on the break-sheet for a home purchase or refinance. Nearly 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 may seem cheaper than an appraisal. You might assume that obtaining a mortgage is the only basis for getting an appraisal, but there are other instances when the services of a licensed, independent real estate professional could be helpful. ![]() Challenge your tax assessmentIt's possible you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a past assessment of your house, so if prices have gone down in your area, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. We're capable of assisting you in challenging your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the property, almost all lenders ask homebuyers to purchase this added insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this extra payment is lumped into the monthly mortgage payment and is quickly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. Accurate Appraisals of North Carolina can give you a statement regarding the value of your home, and the cost of the appraisal can generally be recovered in just a few months because you'll no longer be paying the PMI. Get your appraisal from Accurate Appraisals of North Carolina Order onlineGet a fair valuation on a home for divorce settlementsA divorce is often complicated by the burdensome decision of who maintains the house, and it can be an especially horrible event for both parties. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from Accurate Appraisals of North Carolina, regardless of the situation. 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 evaluation. Ascertain an accurate and fair valuation for 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 Fair 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 utmost degree of discretion. Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal. Move to or from Pender County through an employee relocation programWe are familiar with the headaches associated 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 remarks on the positive attributes of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered during our detailed inspection. Sell your home quickly — for an accurate 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 more informed decision when determining your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees rest on our efforts to complete the appraisal report and and aren't related to the sales price. We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesare on the market. So, obtaining a professional appraisal is a trusted 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. ![]() |