Reasons to order an appraisal from Campbell and Cress Appraisal Service, LLC

Thousands of people in North Carolina buy, sell or refinance their home every month. Most of these transactions have a simple line item for an appraisal. And while there are a developing number of automated home valuation systems that might seem more cost-effective than an appraisal, almost all lenders still call in a local expert because the stakes are incredibly high. Is getting a mortgage the only basis for getting an appraisal? Are there other instances when the services of a licensed, independent real estate professional could be helpful? Of course there are.

Let Campbell and Cress Appraisal Service, LLC help you lower your mortgage payment

Dispute your tax assessment in Iredell County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are determined by a previous assessment of your house, so if prices have gone down in your area, you can challenge your assessment and save money. An appraisal from Campbell and Cress Appraisal Service, LLC is your best evidence when building your case. We're qualified to assist you in appealing your tax assessment.

Get rid of PMI to lower your mortgage payment

When the amount being loaned to the homeowneris more than 80% of the actual value of the real estate, nearly all lenders ask buyers to buy this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to get rid of PMI, Campbell and Cress Appraisal Service, LLC will give you a statement regarding the value of your home. The expense of the home valuation can often be regained in a short amount of time because you'll no longer be paying the PMI.

Order an appraisal from Campbell and Cress Appraisal Service, LLC

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Divorce settlement with less stress

A divorce is a particularly horrible event for the parties involved, and it is often further complicated by the hard decision of who keeps the house. It's a good idea to order an appraisal from Campbell and Cress Appraisal Service, LLC so both parties are fully aware of the true market value of their house, regardless of the situation.

If the parties wish to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Ascertain an accurate and fair valuation for estate liquidation

Losing a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair 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 do not have dedicated estate planners or executors to take care of these matters, unlike many wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing 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.

Move to or from Iredell County through an employee relocation program

Employee relocation can be a stressful event, and we understand. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. During our thorough inspection, we encourage relocating employees to provide input on the positive attributes of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.

Close on your home quickly — at an accurate price

Whether 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 selling price. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to complete the appraisal report.

We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable 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 stay on the market.

Let Campbell and Cress Appraisal Service, LLC assist you in selling your home quickly at the right price