Reasons to consider an appraisal from All State Appraisal Partners, Inc.

To a lot of us, an appraisal just looks like one more thing in the long list of items for a home purchase or refinance. Almost all lenders still need a local expert because the stakes are so high, even though there are a budding number of automated home valuation processes that may appear to be more cost-effective than an appraisal. Is obtaining a mortgage the only reason you should get an appraisal? Are there other times when the services of a licensed, independent real estate professional could come in handy? You bet.

Let All State Appraisal Partners, Inc. help you lower your mortgage payment

Appeal your tax assessment

It's quite possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your real estate, so if values are less than what they used to be in your area, you can challenge your assessment and save money. An appraisal from All State Appraisal Partners, Inc. is your best evidence when building your case. We're capable of assisting you in disputing your tax assessment.

Remove PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that many lenders ask home owners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Oftentimes, this added payment is folded into the monthly mortgage payment and is quickly forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. 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.

If you'd like to eliminate PMI, All State Appraisal Partners, Inc. will provide you with a statement regarding the value of your home. The cost of the home valuation can often be offset in a short amount of time because you'll no longer be paying the PMI.

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Settle a divorce with fewer hang-ups

A divorce is an especially horrible experience for the parties involved, and it is often further complicated by the strenuous decision of who maintains the house. It's a good idea to order an appraisal from All State Appraisal Partners, Inc. so both parties are completely aware of the true market value of their house, regardless of the situation.

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.

Accurate and fair estate liquidation

The loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.

Most Americans do not have dedicated estate planners or executors to manage these issues, unlike wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.

Move to or from Iredell County through an employee relocation program

Employee relocation is a stressful event, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, as well as information about any current sales or listings in their area that they want considered during our thorough inspection.

Sell your home promptly — at an accurate price

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision when determining your selling price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are calculated on our efforts to finish the appraisal report.

We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesare on the market. So, getting a professional appraisal is a trusted 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.

Let All State Appraisal Partners, Inc. help you sell your home quickly at the right price

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