Why you should order an appraisal from Central Alabama AppraisalThousands of people in Alabama buy, sell or refinance their home every year. Many of these transactions contain a simple line item for an appraisal. Nearly all lenders still need a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation methods that may appear cheaper than an appraisal. Is obtaining a mortgage the only reason to get an appraisal? Are there also instances when the services of a licensed, independent real estate professional could be beneficial? Of course there are. 
Dispute your tax assessment in Elmore CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in challenging your tax assessment. Eliminate PMI to lower your mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the property, almost all lenders ask home owners to buy this added insurance policy. That policy is Private Mortgage Insurance, or PMI. This added payment is often folded into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Central Alabama Appraisal will give you a statement regarding the value of your home. The cost of the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI. Get your appraisal from Central Alabama Appraisal Order onlineDivorce settlement with fewer hang-upsA divorce is a particularly horrible experience for the parties involved, and it is often further complicated by the strenuous decision of who keeps the property. So both parties are completely aware of the true market value of their property, it's a good idea to order an appraisal from Central Alabama Appraisal, regardless of the situation. The parties will have a a good idea 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 assessment. Determine a fair and accurate valuation for estate liquidationThe death 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion. Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike 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 significant importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Elmore County for workWe know the stress associated with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we encourage relocating employees to provide feedback on the positive features of their property, as well as information regarding any current sales or listings in their area that they want considered. Close on your home quickly — at the right priceA professional appraisal will help you make a more informed decision when determining your selling price, whether you want to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price. We examine 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 housesare on the market. So, seeking a professional appraisal is a trusted way to decide 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 an unnecessarily long time. 
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