Claybrook Appraisal and Review Service, LLC hired for a variety of purposesYear after year, thousands of people in Alabama purchase, sell or refinance their home. Many of these transactions have a simple line item for an appraisal. Even though there are a developing number of automated home valuation processes that might seem more cost-effective than an appraisal, most lenders still want a local expert because the stakes are so high. You might assume that getting a mortgage is the only reason to acquire an appraisal, but there are other cases when the services of a certified, independent real estate professional might be helpful.
Let Claybrook Appraisal and Review Service, LLC help you appeal your tax assessment in Tuscaloosa CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Claybrook Appraisal and Review Service, LLC is your best evidence. We're equipped to assist you in disputing your tax assessment.
PMI removal to lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate, 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 added payment is folded into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to dismiss the PMI payments when the balance is paid down to 78% of the original value.
Claybrook Appraisal and Review Service, LLC can produce a statement regarding the value of your home, and the expense of the appraisal can often be regained in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Claybrook Appraisal and Review Service, LLCA divorce can be an especially traumatic experience for both parties, and it is often further complicated by the troublesome decision of who gets the property. Regardless of the situation, it's wise to get an appraisal from Claybrook Appraisal and Review Service, LLC so both parties are entirely aware of the true market value of their house.
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 received a fair assessment.
Settling an estate with peace of mindThe loss of 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. 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 don't have dedicated estate planners or executors to take care of these issues, unlike wealthy individuals. A home or other property often makes up a disproportionate 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.
Claybrook Appraisal and Review Service, LLC can help you with relocating to or from Tuscaloosa CountyWe know the stress associated with an employee relocation. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered during our thorough process.
Selling your home quickly at the right price with an appraisal from Claybrook Appraisal and Review Service, LLCWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision when determining your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are calculated on our efforts to perform the appraisal report and and aren't related to the sales price.
On a daily basis, we examine the difference in value items 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 properties are one the market.