Let A. M. Appraisals handle your appraisal needs
To a lot of people, an appraisal just looks like one more thing in the long list of items for a mortgage or refinance. And even though there are a multiplying number of automated home valuation methods that might appear to be more economical than an appraisal, almost all lenders still call for a local expert because the stakes are very high. You might assume that securing a mortgage is the only reason to get an appraisal, but there are other times when the services of a certified, independent real estate professional could be helpful.
Appeal your tax assessment in Lexington County
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. At A. M. Appraisals, we're equipped to assist you in disputing your tax assessment.
Removing PMI for mortgage payments
When the amount being loaned to the home buyeris more than 80% of the actual value of the property, almost all lenders ask home buyers to buy this added insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is bundled into the monthly mortgage payment and is soon forgotten. This is bad because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
A. M. Appraisals will give you a statement regarding the value of your home, and the price you paid for the home valuation can often be offset in little time because you'll no longer be paying the PMI.
Order an appraisal from A. M. AppraisalsOrder today
Divorce settlement with fewer hang-ups
A divorce is often complicated by the troublesome decision of who keeps the home, and it can be a particularly traumatic event for both parties. Regardless of the situation, it's a good idea to order an appraisal from A. M. Appraisals so both parties are entirely aware of the true market value of their house.
The parties will have a good idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Fair and accurate estate liquidation
Losing 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 Fair Market Value for the real estate 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 manage these affairs, unlike many wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.
Move to or from Lexington County through an employee relocation program
Employee relocation can be a stressful event, and we understand. That's why we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive characteristics of their property, along with information regarding any new sales or listings in their neighborhood that they want considered during our intensive inspection.
Sell your home quickly — at an accurate price
Whether you want 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 selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees aren't related to the sales price, but rather they are calculated on our efforts to finish the appraisal report.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. Getting 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 properties are one the market.
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.