Reasons to get an appraisal from Herrin Appraisal CompanyTo many, an appraisal just looks like one more thing in the long list of items for a home purchase or refinance. Practically all lenders still call in a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation systems that may seem more cost-effective than an appraisal. Is securing a mortgage the only reason to acquire an appraisal? Are there more cases when the services of a licensed, independent real estate professional could be helpful? Of course there are. 
Dispute your tax assessment in Forsyth CountyIf you live in an area where the property value has depreciated, it's possible you're paying too much in property taxes. An appraisal from Herrin Appraisal Company is your best evidence when building your case. We can assist you in disputing your tax assessment. PMI removal to reduce your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask homeowners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Most often, this added payment is bundled into the monthly mortgage payment and is soon forgotten. This is bad because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. Herrin Appraisal Company can produce a statement regarding the value of your home, and the cost of the home valuation can generally be regained in little time because you'll no longer be paying the PMI. Get your appraisal from Herrin Appraisal Company Order onlineGet a clear valuation on a home for divorce settlementsA divorce is often complicated by the hard decision of who gets the house, and it can be a particularly traumatic occurrence for both parties. Regardless of the circumstances, it's a good idea to get an appraisal from Herrin Appraisal Company so both parties are completely aware of the true market value of their home. If the parties wish to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received 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 entails 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, guaranteeing the maximum degree of discretion. Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Forsyth County through an employee relocation programEmployee relocation can be a stressful event, and we understand. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we recommend relocating employees to provide remarks on the positive features of their property, as well as information regarding any new sales or listings in their area that they want considered. Sell your home promptly — for an accurate priceA professional appraisal can help you make a more informed decision regarding your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price. 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 homesare on the market. So, getting a professional appraisal is a reliable way to determine 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. 
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