Why obtain an appraisal from Betty Ann Anderson?Thousands of people in Tennessee buy, sell or refinance their home each year. A lot of these transactions have a simple line item for an appraisal. While there are a developing number of automated home valuation processes that might appear more cost-effective than an appraisal, practically all lenders still need a local expert because the stakes are very high. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are more instances when the services of a certified, independent real estate professional might be beneficial.
Let Betty Ann Anderson help you challenge your tax assessment in Shelby and Tipton CountiesIf you live in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Betty Ann Anderson is your best evidence when building your case. At Betty Ann Anderson, we're equipped to assist you in disputing your tax assessment.
Let Betty Ann Anderson assist you in lowering your mortgage paymentWhen the amount being loaned to the buyer is more than 80% of the actual value of the property, nearly all lenders ask homebuyers to buy an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is bad because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to dismiss the PMI payments when the balance is paid down to 78% of the original value.
Betty Ann Anderson will provide you with a statement regarding the value of your home, and the price you paid for the appraisal can usually be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Betty Ann AndersonA divorce is an especially heartbreaking event for the parties involved, and it is often even more complicated by the troublesome decision of who gets the property. It's a good idea to get an appraisal from Betty Ann Anderson so both parties are fully aware of the true market value of their property, regardless of the situation.
The parties will have a clearer picture 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 assessment.
Trustworthy estate liquidationLosing a loved one is a difficult 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, guaranteeing the utmost degree of discretion.
Most Americans do not have dedicated estate planners or executors to handle these affairs, unlike wealthier individuals. And since a home or other property often makes up an uneven share of the total estate value, understanding the certain value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Let Betty Ann Anderson help you with relocating to or from Shelby CountyWe understand the headaches associated with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any recent sales or listings in their area that they want considered during our intensive process.
Sell your home quickly at the right priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are derived from 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 items like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to determine 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 homes stay on the market.