Why you should get an appraisal from ATW Appraisals

Thousands of people in North 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 systems that might seem more prudent than an appraisal, nearly all lenders still want a local expert because the stakes are incredibly high. But is getting a mortgage the only reason you should get an appraisal? Are there also instances when the services of a licensed, independent real estate professional could be helpful? Of course there are.


	For real estate appraisals in Cary and Wake County, it's easiest when your order online from ATW Appraisals, just click here.

Challenge your tax assessment in Wake County

If you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from ATW Appraisals is your best evidence when building your case. At ATW Appraisals,we can assist you in challenging your tax assessment.

ATW Appraisals can help you eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask homebuyers to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. This extra payment is often lumped into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to do away with the PMI installments when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, ATW Appraisals will produce a statement regarding the value of your home. The cost of the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI.

An appraisal from ATW Appraisals will help you settle a divorce with less stress

A divorce can be a particularly daunting ordeal for both parties, and it is often even more complicated by the challenging decision of who gets the property. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from ATW Appraisals, regardless of the situation.

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 gotten a fair assessment.

Fair and accurate estate liquidation with help from ATW AppraisalsSettling an estate

The 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 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 maximum degree of discretion.

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to take care of these issues. 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 vital importance to ensuring disputing parties walk away knowing they've received an honest deal.

Relocating to or from Wake County

We are familiar with the headaches involved with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our intensive process.

Don't sell out for too little or keep your home on the market too long.

A professional appraisal can help you make a more informed decision when determining your selling 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. The price we charge isn't contingent upon the value we come up with, but rather they rest on our efforts to complete the appraisal.

We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a trusted way to decide what improvements will add value and what a suitable 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.