Reasons someone would hire KEN GREEN APPRAISALSThousands of people in Alabama buy, sell or refinance their home each year. Most of these transactions consist of a simple line item for an appraisal. While there are a growing number of automated home valuation processes that may seem more economical than an appraisal, the majority of lenders still call for a local expert because the stakes are so high. You might think that securing a mortgage is the only reason to acquire an appraisal, but there are more instances when the services of a licensed, independent real estate professional might come in handy.
Appeal your tax assessment in Montgomery CountyIt's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a past assessment of your real estate, so if values are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from KEN GREEN APPRAISALS is your best evidence when building your case. At KEN GREEN APPRAISALS, we're qualified to assist you in challenging your tax assessment.
How can you get rid of PMI to lower your mortgage payment?When the amount being loaned to the home owner is more than 80% of the actual value of the property, almost all lenders ask homebuyers to purchase an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. This added payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to eliminate the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
KEN GREEN APPRAISALS will provide you with a statement regarding the value of your home, and the expense of the appraisal can usually be regained in little time because you'll no longer be paying the PMI.
An appraisal from KEN GREEN APPRAISALS will help you settle a divorce with less stressA divorce can be a particularly traumatic ordeal for both parties, and it is often more complicated by the hard decision of who keeps the property. Regardless of the situation, it's a good idea to order an appraisal from KEN GREEN APPRAISALS so both parties are completely aware of the true market value of their home.
The parties will have a clearer picture 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 assessment.
Accurate and fair estate liquidationLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate 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 don't have dedicated estate planners or executors to manage these matters, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.
KEN GREEN APPRAISALS can assist you in relocating to or from Montgomery CountyWe know the stress associated with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we suggest relocating employees to provide feedback on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered.
Sell your home quickly at the right price with an appraisal from KEN GREEN APPRAISALSWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. The price we charge isn't contingent upon the value opinion we render, but rather they are based on our efforts to finish the appraisal.
We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking 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 - because we're experts in knowing how long homes are one the market.