Intown Appraisals can help you determine the true and current market value of your home. The real estate market can fluctuate widely, and an appraisal of your home can be incredibly helpful in a variety of different scenarios. Most homeowners seek out our services in the following instances:
You’ve decided to put your house on the market for sale. You and your agent are not in agreement on what that number should be, so you need a professional’s opinion on what homes similar to yours in square footage, size, market appeal and market area are selling for and what that means for your home value. Alternately, you’ve decided to forego the agent altogether and list your home “For Sale By Owner.” Without the access to true real estate data in FMLS or GAMLS via an agent, you need a credible source of information for your home’s value for the purpose of selling it yourself.
Your county real estate tax bill just arrived, and you think their number on the value of your home is way off base and out of date. You plan to appeal their valuation, but need strong and credible evidence to support your appeal and have your tax bill reduced.
You are stepping into the world of investment property ownership, or have been there for awhile already, and want to know what kind of income or cash flow you can currently expect on the rental home you purchased or are about to purcahse, or what its current, contributing value is to your asset portfolio.
For a majority of home owning Americans, our biggest investment financially is our home. It serves as the backbone of our long-term financial planning strategy. Getting an up-to-date snapshot of where your home is valued is a critical piece to your overall financial planning.
We have a separate section devoted to estate and divorce appraisals which you can refer to for more detailed information, but both scenarios are common: you have just inherited a home in metro Atlanta, but know nothing about what it’s worth in order to split up the assets between family members, or you are in the process of divorcing your spouse and need an unbiased opinion of the value of the home for the purposes of splitting assets.
Oftentimes your lender will re-evaluate the need for PMI on your loan if you are able to successfully prove to them that the value of your home has increased enough to reduce the loan-to-value ratio on your home, and therefore remove PMI from your mortgage payment. While we would love to help you lower your payment, you must contact your lender first to determine whether you can select an appraiser on your own to do this. Most lenders will require you use an appraiser off their selected list. Give us a call, though, to see if we are already on their list!
Intown Appraisals PO Box 170319 Atlanta, GA 30317 C: 404.217.4007 F: 404.506.4377