Let Atlantic Appraisal Solutions, LLC handle your appraisalThousands of people in Virginia purchase, sell, or refinance their home every year. A lot of these transactions include a simple line item for an appraisal. Nearly all lenders still want a local expert because the stakes are so high, even though there are a developing number of automated home valuation systems that may seem less expensive than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there also cases when the services of a licensed, independent real estate professional might be beneficial? Absolutely.
Challenge your tax assessment in Hampton RoadsIt's probable 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 prices have declined in your area, you can challenge your assessment and save money. An appraisal from Atlantic Appraisal Solutions, LLC is your best evidence when building your case. At Atlantic Appraisal Solutions, LLC,we can assist you in disputing your tax assessment.
PMI removal to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, many lenders ask home buyers to purchase an additional 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. This is unfavorable because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to get rid of PMI, Atlantic Appraisal Solutions, LLC will produce a statement regarding the value of your home. The cost of the home valuation can usually be offset in just a few months because you'll no longer be paying the PMI.
An appraisal from Atlantic Appraisal Solutions, LLC will help you settle a divorce with less stressA divorce is an especially heartbreaking event for the parties involved, and it is often even more complicated by the strenuous decision of who keeps the property. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Atlantic Appraisal Solutions, LLC, regardless of the situation.
The parties will have a a good idea of what price to set, if they need 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 liquidation with help from Atlantic Appraisal Solutions, LLCLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion.
Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these issues. A home or other property often makes up an unequal 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 walk away knowing they've gotten a fair deal.
Atlantic Appraisal Solutions, LLC can assist you in relocating to or from Hampton RoadsWe are aware of the stress associated with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive process, we recommend relocating employees to provide feedback on the positive characteristics of their property, as well as information about any current sales or listings in their area that they want considered.
Sell your home quickly at the right price with an appraisal from Atlantic Appraisal Solutions, LLCA professional appraisal can help you make a better educated decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees depend on our efforts to complete the appraisal report and and aren't related to the sales price.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homes are on the market. So, obtaining a professional appraisal is a trusted way to decide 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.
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