Why you should order an appraisal from Campbell and Cress Appraisal Service, LLC
To many, an appraisal is simply a line item on the break-sheet for a home sale or refinance. And even though there are a developing number of automated home valuation systems that might seem more cost-effective than an appraisal, almost all lenders still call for a local expert because the stakes are very high. Is getting a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a licensed, independent real estate professional might be beneficial? Absolutely.
Challenge your tax assessment in Iredell County
If you live in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from Campbell and Cress Appraisal Service, LLC is your best evidence when building your case. At Campbell and Cress Appraisal Service, LLC, we're equipped to assist you in appealing your tax assessment.
PMI removal to lower your mortgage payment
When the amount being loaned to the home owneris more than 80% of the actual value of the home, many lenders ask home buyers to buy this added insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate 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 usually be recovered in little time because you'll no longer be paying the PMI.
Order an appraisal from Campbell and Cress Appraisal Service, LLCOrder today
Get a clear valuation on a home for divorce settlements
A divorce can be a particularly daunting experience for both parties, and it is often even more complicated by the strenuous decision of who gets the house. Regardless of the situation, 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 property.
The parties will have a better idea of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Ascertain a fair and accurate valuation for estate liquidation
The loss of 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 ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these matters. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.
Relocate to or from Iredell County through an employee relocation program
We know the stress associated with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide remarks on the positive aspects of their property, as well as information regarding any recent sales or listings in their area that they want considered.
Close on your home promptly — for an accurate price
Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are based on our efforts to complete the appraisal report and and aren't related to the sales price.
On a daily basis, we determine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, obtaining a professional appraisal is a reliable 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 an unnecessarily long time.