Ordering an appraisal from Appraisal Group of Charleston

Thousands of people in South Carolina buy, sell or refinance their home each year. Most of these transactions have a simple line item for an appraisal. Even though there are a multiplying number of automated home valuation processes that may seem more economical than an appraisal, the majority of lenders still call in a local expert because the stakes are so high. You might assume that obtaining a mortgage is the only reason you should get an appraisal, but there are additional cases when the services of a licensed, independent real estate professional might be beneficial.

Contact Appraisal Group of Charleston if you're planning on any transaction where the value of your home is a factor. Just click here

Appeal your tax assessment in Charleston County

If you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Appraisal Group of Charleston is your best evidence. At Appraisal Group of Charleston,we can assist you in challenging your tax assessment.

PMI removal will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance policy that most lenders ask homebuyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. Seeing that added payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to remove the PMI installments when the balance is paid down to 78% of the original value.

Appraisal Group of Charleston will give you a statement regarding the value of your home, and the expense of the appraisal can often be offset in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is often complicated by the challenging decision of who maintains the house, and it can be an especially heartbreaking occurrence for both parties. So both parties are entirely aware of the true market value of their home, it's a good idea to get an appraisal from Appraisal Group of Charleston, regardless of the circumstances.

If the parties wish to sell the home, they'll have a a good idea of what price to set. 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 liquidation with Appraisal Group of CharlestonSettling an estate

The death of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires 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, guaranteeing the utmost degree of discretion.

Most Americans don't have dedicated estate planners or executors to handle these matters, unlike wealthier individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the absolute value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.

Appraisal Group of Charleston can assist you in relocating to or from Charleston County

We know the stress involved with an employee relocation. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information regarding any new sales or listings in their area that they want considered during our detailed process.

Don't sell out short or let your home stay on the market too long.

A professional appraisal will help you make a better educated decision regarding your asking price, whether you want 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, unlike real estate agents. Our fees aren't contingent upon the value we come up with, but rather they are based on our efforts to complete the appraisal.

We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Obtaining 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 houses are one the market.