profile picture

Getting an appraisal from Shamrock Appraisals, Inc.

To many, an appraisal just looks like a line item in the long list of items for a home purchase or refinance. And even though there are a growing number of automated home valuation methods that might seem more cost-effective than an appraisal, practically all lenders still call for a local expert because the stakes are incredibly high. But is getting a mortgage the only reason to get an appraisal? Are there additional instances when the services of a licensed, independent real estate professional might be helpful? You bet there are.

When you're planning on any transaction where the value of your house is of importance, you should contact Shamrock Appraisals, Inc.. Just click here

Let Shamrock Appraisals, Inc. help you appeal your tax assessment in Tuscaloosa County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your home, so if prices have gone down in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from Shamrock Appraisals, Inc. is your best evidence. At Shamrock Appraisals, Inc.,we can assist you in disputing your tax assessment.

Let Shamrock Appraisals, Inc. help you eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an extra insurance plan that many lenders ask home owners 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 bundled into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress passed 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.

Shamrock Appraisals, Inc. can produce a statement regarding the value of your home, and the expense of the home valuation can generally be regained in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Shamrock Appraisals, Inc.

A divorce can be an especially traumatic ordeal for both parties, and it is often more complicated by the strenuous decision of who gets the house. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from Shamrock Appraisals, Inc., regardless of the situation.

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 gotten a fair assessment.

Accurate and fair estate liquidation with help from Shamrock Appraisals, Inc.Settling 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.

Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to handle these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the correct value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Shamrock Appraisals, Inc. can help you with relocating to or from Tuscaloosa County

Moving due to a job change can be a stressful event. We know where you're coming from. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, as well as information about any recent sales or listings in their area that they want considered during our intensive process.

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

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 better educated decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price.

We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes stay on the market. So, seeking a professional appraisal is a reliable way to decide what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market too long, costing you hassle and money.