Reasons to order an appraisal from Carolina Market Value, LLCTo many, an appraisal just looks like one more thing in the long list of items for a home purchase or refinance. Almost all lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation methods that may appear more cost-effective than an appraisal. Is getting a mortgage the only reason to get an appraisal? Are there more times when the services of a certified, independent real estate professional might be helpful? You bet. 
Contest your tax assessmentIf you are in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Carolina Market Value, LLC is your best evidence when building your case. At Carolina Market Value, LLC, we're equipped to assist you in challenging your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the home, many lenders ask home buyers to buy this extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI becomes unnecessary when the remainder 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 payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Carolina Market Value, LLC will provide you with a statement regarding the value of your home. The price you paid for the home valuation can usually be recovered in little time because you'll no longer be paying the PMI. Get your appraisal from Carolina Market Value, LLC Order todayDivorce settlement with fewer hang-upsA divorce is an especially horrible experience for the parties involved, and it is often more complicated by the burdensome decision of who maintains the property. So both parties are completely aware of the true market value of their house, it's a good idea to order an appraisal from Carolina Market Value, LLC, regardless of the situation. The parties will have a good idea 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. Determine a fair and accurate valuation for estate liquidationThe loss 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 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. Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these affairs. A home or other property often makes up an unequal share of the total estate value, so understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from Chatham County through an employee relocation programWe 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 characteristics of their property, along with information regarding any new sales or listings in their area that they want considered during our intensive inspection. Close on your home quickly — at the right priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision when determining your asking price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't related to the sales price, but rather they depend on our efforts to complete the appraisal report. On a daily basis, we determine the difference in value items like an extra 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 properties stay on the market. 
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