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Why you should get an appraisal

Thousands of people in Georgia purchase, sell or refinance their home each year. A lot of these transactions consist of 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 developing number of automated home valuation processes that may appear more economical than an appraisal. You might assume that obtaining a mortgage is the only reason you should get an appraisal, but there are other situations when the services of a licensed, independent real estate professional might be beneficial.

Order appraisals online from River Ridge Appraisal Service (706) 291-4321 by simply clicking here.

Challenge your tax assessment in Floyd County

If you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from River Ridge Appraisal Service (706) 291-4321 is your best evidence when building your case. We're capable of assisting you in appealing your tax assessment.

Eliminating PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance policy that nearly all lenders ask homebuyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Very often, this additional payment is folded into the monthly mortgage payment and is promptly forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.

River Ridge Appraisal Service (706) 291-4321 will produce a statement regarding the value of your home, and the expense of the home valuation can generally be offset in just a few months because you'll no longer be paying the PMI.

An appraisal from River Ridge Appraisal Service (706) 291-4321 will help you settle a divorce with less stress

A divorce is often complicated by the difficult decision of who maintains the house, and it can be a very traumatic ordeal for both parties. Regardless of the situation, it's wise to order an appraisal from River Ridge Appraisal Service (706) 291-4321 so both parties are entirely aware of the true market value of their house.

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 received a fair assessment.

Trustworthy estate liquidation

Losing a loved one is a hard 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 guarantee the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these matters. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal.

Let River Ridge Appraisal Service (706) 291-4321 help you with relocating to or from Floyd County

We understand the stress involved with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest relocating employees to provide feedback on the positive aspects of their property, along with information about any current sales or listings in their area that they want considered.

Selling your home quickly at the right price

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your asking price. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't related to the sales price, but rather they depend on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make. 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 an unnecessarily long time - because we're experts in knowing how long houses are one the market.