Reasons to hire an appraiserYear after year, thousands of people in Georgia buy, sell or refinance their home. Many of these transactions have a simple line item for an appraisal. Practically all lenders still need a local expert because the stakes are incredibly high, even though there are a budding number of automated home valuation processes that may seem more cost-effective than an appraisal. Is obtaining a mortgage the only reason you should get an appraisal? Are there also times when the services of a licensed, independent real estate professional might be beneficial? Absolutely. 
Challenge your tax assessmentIf you reside in an area where property values have declined, 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 qualified to assist you in challenging your tax assessment. Get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the home owneris more than 80% of the actual value of the property, most lenders ask home owners to buy this added insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often lumped into the monthly mortgage payment and is quickly forgotten. This is unfavorable because PMI is no longer required 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 implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments 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 expense of the home valuation can usually be regained in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Filson's Real Estate Appraisal Services, Inc. Order todayDivorce settlement with fewer hang-upsA divorce can be a very daunting ordeal for both parties, and it is often further complicated by the strenuous decision of who gets the house. It's a good idea to get an appraisal from Filson's Real Estate Appraisal Services, Inc. so both parties are entirely aware of the true market value of their home, regardless of the situation. The parties will have a clearer picture 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 received a fair assessment. Determine a fair and accurate valuation for estate liquidationLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for 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). Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Fulton County for workWe know the stress involved with an employee relocation. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we suggest relocating employees to provide feedback on the positive attributes of their property, along with information regarding any new sales or listings in their neighborhood that they want considered. Close on your home quickly — for the right priceA professional appraisal can help you make a more informed decision when determining your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees are based on our efforts to finish the appraisal report and not a percentage of the sales price. On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. Seeking 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, because we're experts in knowing how long properties stay on the market. 
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