Reasons to hire an appraiserThousands of people in Georgia purchase, sell or refinance their home each year. Most of these transactions involve a simple line item for an appraisal. The majority of lenders still call for a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation processes that might seem less expensive than an appraisal. You might believe 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 be beneficial. 
Challenge your tax assessment in Fulton CountyIf you reside in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At Filson's Real Estate Appraisal Services, Inc., we're equipped to assist you in appealing your tax assessment. Removing PMI for mortgage paymentsWhen the amount being loaned to the buyeris more than 80% of the actual value of the property, almost all lenders ask homeowners to take out this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often 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 - decreases below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Filson's Real Estate Appraisal Services, Inc. can produce a statement regarding the value of your home. The expense of the home valuation can usually be regained in little time because you'll no longer be paying the PMI. Get your appraisal from Filson's Real Estate Appraisal Services, Inc. Order onlineDivorce settlement with less stressA divorce is a particularly daunting experience for the parties involved, and it is often more complicated by the difficult decision of who gets the house. It's a good idea to order 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 circumstances. The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Ascertain an accurate and fair valuation for estate liquidationThe death of 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 ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Most Americans do not have dedicated estate planners or executors to handle these matters, unlike many wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Fulton County for workEmployee relocation can be a stressful event, and we understand. We take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our detailed inspection. Sell your home promptly — for an accurate priceA professional appraisal can help you make a better educated decision regarding 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 amount 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 complete the appraisal report. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesstay on the market. So, obtaining a professional appraisal is a trusted way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
|