There are lots of reasons people call on Carter Appraisal ServicesThousands of people in Tennessee purchase, sell or refinance their home every year. A lot of these transactions consist of a simple line item for an appraisal. While there are an increasing number of automated home valuation methods that may appear to be more prudent than an appraisal, most lenders still call for a local expert because the stakes are incredibly high. You might assume that securing a mortgage is the only reason to acquire an appraisal, but there are more situations when the services of a certified, independent real estate professional might come in handy.
Challenge your tax assessment in Marion CountyIt's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are determined by a past assessment of your house, so if values have gone down in your area, you can appeal your assessment and save money. An appraisal from Carter Appraisal Services is your best evidence when building your case. At Carter Appraisal Services,we can assist you in challenging your tax assessment.
Let Carter Appraisal Services assist you in lowering your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the property, most lenders ask homeowners to buy an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this additional payment is folded into the monthly mortgage payment and is soon forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to eliminate the PMI payments when the balance is paid down to 78% of the original value.
Carter Appraisal Services can produce a statement regarding the value of your home, and the expense of the appraisal can often be recovered in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the troublesome decision of who maintains the property, and it can be a very heartbreaking experience for both parties. So both parties are entirely aware of the true market value of their home, it's a good idea to get an appraisal from Carter Appraisal Services, regardless of the circumstances.
The parties will have a better idea of what price to set, if they want 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 with help from Carter Appraisal ServicesSettling an estateLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.
Most Americans do not have dedicated estate planners or executors to manage these matters, unlike wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Relocating to or from Marion CountyEmployee 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 feedback on the positive characteristics of their property, along with information regarding any current sales or listings in their neighborhood that they want considered during our intensive process.
Let Carter Appraisal Services help you sell your home quickly at the right priceWhether you choose 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 when determining your asking price. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't a percentage of the sales price, but rather they are calculated on our efforts to finish the appraisal.
On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homes stay on the market. So, 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 for an extended amount of time.