Let McCormick Appraisal Services, LLC take care of your appraisalThousands of people in Georgia purchase, sell or refinance their home each month. A lot of these transactions involve a simple line item for an appraisal. And even though there are an increasing number of automated home valuation systems that may appear to be more economical than an appraisal, most lenders still want a local expert because the stakes are very high. You might think that securing a mortgage is the only reason to acquire an appraisal, but there are more times when the services of a licensed, independent real estate professional might be beneficial.
Challenge your tax assessment in Fayette CountyIf 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 McCormick Appraisal Services, LLC is your best evidence when building your case. At McCormick Appraisal Services, LLC, we're qualified to assist you in challenging your tax assessment.
Let McCormick Appraisal Services, LLC assist you in lowering your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance plan that many lenders ask buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. 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.
McCormick Appraisal Services, LLC can produce a statement regarding the value of your home, and the cost of the appraisal can usually be offset in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is an especially heartbreaking ordeal for the parties involved, and it is often even more complicated by the strenuous decision of who keeps 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 McCormick Appraisal Services, LLC, regardless of the situation.
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.
Accurate and fair estate liquidationThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion.
Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike wealthier individuals. 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 essential importance to ensuring disputing parties leave knowing they've gotten a fair deal.
McCormick Appraisal Services, LLC can assist you in relocating to or from Fayette CountyWe are familiar with the stress involved with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our intensive process, we encourage employees that are moving to provide remarks on the positive attributes of their property, along with information about any new sales or listings in their area that they want considered.
Let McCormick Appraisal Services, LLC assist you in selling your home quickly at the right priceA professional appraisal can help you make a better educated decision regarding your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. 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 items like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a reliable way to determine what improvements will add value and what an applicable 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.
* national averages