Why you should get an appraisal from James Earp Appraisal ServiceThousands of people in North Carolina purchase, sell or refinance their home every month. Many of these transactions involve a simple line item for an appraisal. Even though there are a multiplying number of automated home valuation methods that may appear more cost-effective than an appraisal, the majority of lenders still call in a local expert because the stakes are incredibly high. Is getting a mortgage the only reason to acquire an appraisal? Are there more instances when the services of a licensed, independent real estate professional might be beneficial? Absolutely. 
Dispute your tax assessmentIf you live in an area where the property value has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're qualified to assist you in challenging your tax assessment. Get rid of PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask home buyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. This extra payment is often lumped into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. James Earp Appraisal Service will provide you with a statement regarding the value of your home, and the expense of the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from James Earp Appraisal Service Order todayGet a fair valuation on a home for divorce settlementsA divorce is a very horrible ordeal for the parties involved, and it is often further complicated by the challenging decision of who keeps the home. Regardless of the situation, it's a good idea to order an appraisal from James Earp Appraisal Service so both parties are fully aware of the true market value of their property. If the parties need to sell the home, they'll have a better 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 evaluation. Ascertain an accurate and fair valuation for estate liquidationThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the utmost degree of discretion. Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these affairs. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Wake County for workWe are familiar with the headaches involved with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, along with information regarding any current sales or listings in their neighborhood that they want considered during our thorough inspection. Sell your home promptly — at an accurate priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your selling price. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees rest on our efforts to finish the appraisal report and not a percentage of the sales price. On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. 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, because we're experts in knowing how long houses are one the market. 
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