Why you should hire an appraiserEach year, thousands of people in Pennsylvania purchase, sell or refinance their home. Many of these transactions have a simple line item for an appraisal. Nearly all lenders still call for a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation systems that might seem less expensive than an appraisal. But is getting a mortgage the only reason to get an appraisal? Are there additional instances when the services of a licensed, independent real estate professional might come in handy? Absolutely.
Let Atlantic Appraisals Inc. help you dispute your tax assessment in York CountyIf you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Atlantic Appraisals Inc. is your best evidence when building your case. At Atlantic Appraisals Inc.,we can assist you in challenging your tax assessment.
Let Atlantic Appraisals Inc. assist you in lowering your mortgage paymentWhen the amount being loaned to the home buyer is more than 80% of the actual value of the home, nearly all lenders ask buyers to take out an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this additional payment is bundled into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.
Atlantic Appraisals Inc. will produce a statement regarding the value of your home, and the expense of the appraisal can often be offset in just a few months because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the troublesome decision of who maintains the home, and it can be a particularly traumatic occurrence for both parties. It's a good idea to order an appraisal from Atlantic Appraisals Inc. so both parties are entirely aware of the true market value of their property, regardless of the situation.
The parties will have a a good idea of what price to set, if they want 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 evaluation.
Accurate and fair estate liquidationThe death of a loved one is a hard 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. We guarantee the fullest 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 take care of these affairs, unlike wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, understanding the absolute value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Relocating to or from York CountyWe understand the headaches associated with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, as well as information about any recent sales or listings in their neighborhood that they want considered during our intensive process.
Sell your home quickly at the right price with an appraisal from Atlantic Appraisals Inc.A professional appraisal will help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or with the help of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. The price we charge isn't contingent upon the value opinion we render, but rather they depend on our efforts to complete the appraisal.
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 homes are on the market. So, seeking 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 for an extended amount of time.