Why you should order an appraisal from Filson's Real Estate Appraisal Services, Inc.
Every year, thousands of people in Georgia purchase, sell or refinance their home. A lot of these transactions consist of a simple line item for an appraisal. Almost all lenders still call in a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation methods that might seem less expensive than an appraisal. Is obtaining a mortgage the only reason to acquire an appraisal? Are there more cases when the services of a licensed, independent real estate professional might be beneficial? Of course there are.
Dispute your tax assessment in Fulton County
If you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Filson's Real Estate Appraisal Services, Inc. is your best evidence when building your case. We're capable of assisting you in appealing your tax assessment.
Remove PMI to lower your mortgage payment
Private Mortgage Insurance, or PMI, is an added insurance plan that almost all lenders ask homeowners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. This additional payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfavorable. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
Filson's Real Estate Appraisal Services, Inc. will produce a statement regarding the value of your home, and the cost of the appraisal can generally be offset in just a few months because you'll no longer be paying the PMI.
Get your appraisal from Filson's Real Estate Appraisal Services, Inc.Order today
Settle a divorce with fewer hang-ups
A divorce can be an especially horrible ordeal for both parties, and it is often even more complicated by the hard decision of who keeps the home. It's a good idea to order an appraisal from Filson's Real Estate Appraisal Services, Inc. so both parties are entirely aware of the true market value of their house, regardless of the circumstances.
The parties will have a better 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 evaluation.
Determine an accurate and fair valuation for estate liquidation
The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. We guarantee the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to handle these issues, unlike many wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocate to or from Fulton County for work
We are familiar with the stress associated with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive characteristics of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our detailed inspection.
Sell your home promptly — for an accurate 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 more informed decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they rest on our efforts to complete the appraisal report.
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 propertiesare 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.