Why you should order an appraisal from Central Alabama AppraisalYear after year, thousands of people in Alabama buy, sell or refinance their home. Most of these transactions contain a simple line item for an appraisal. And even though there are a developing number of automated home valuation processes that might appear to be more cost-effective than an appraisal, most lenders still call in a local expert because the stakes are so high. You might believe that getting a mortgage is the only reason to get an appraisal, but there are more times when the services of a licensed, independent real estate professional could be beneficial. 
Challenge your tax assessment in Elmore CountyIf you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Central Alabama Appraisal is your best evidence when building your case. We're capable of assisting you in challenging your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the home, nearly all lenders ask home buyers to buy this extra insurance policy. That policy is Private Mortgage Insurance, or PMI. This added payment is often lumped into the monthly mortgage payment and is promptly forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfavorable. In fact, the United States Congress passed 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. Central Alabama Appraisal can give you a statement regarding the value of your home, and the cost of the home valuation can usually be regained in just a few months because you'll no longer be paying the PMI. Order your appraisal from Central Alabama Appraisal today Order todayGet a clear valuation on a home for divorce settlementsA divorce is often complicated by the strenuous decision of who keeps the property, and it can be an especially horrible ordeal for both parties. So both parties are fully aware of the true market value of their property, it's a good idea to get an appraisal from Central Alabama Appraisal, 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 if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Ascertain an accurate and fair valuation for estate liquidationThe loss 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 real estate involved. We ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these matters. And since a home or other property often makes up an unequal share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Elmore County through an employee relocation programWe understand the headaches involved with an employee relocation. 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 attributes of their property, along with information regarding any new sales or listings in their area that they want considered during our detailed inspection. Sell your home promptly — at the right priceA professional appraisal can help you make a more informed decision when determining your asking price, whether you choose 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, unlike real estate agents. Our fees aren't related to the sales price, but rather they depend on our efforts to finish the appraisal report. On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. Getting a professional appraisal is a trusted 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 stay on the market. 
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