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Shamrock Appraisals, Inc. in Tuscaloosa are called upon for numerous purposes

Thousands of people in Alabama buy, sell or refinance their home each month. Most of these transactions involve a simple line item for an appraisal. While there are a developing number of automated home valuation methods that may appear to be more economical than an appraisal, the majority of lenders still call for a local expert because the stakes are incredibly 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 certified, independent real estate professional could come in handy.

Order appraisals online from Shamrock Appraisals, Inc. by simply clicking here.

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

It's possible you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a past assessment of your home, so if values have declined in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Shamrock Appraisals, Inc. is your best evidence. At Shamrock Appraisals, Inc., we're equipped to assist you in challenging your tax assessment.

PMI removal will lower your mortgage payment

When the amount being loaned to the home owner is more than 80% of the actual value of the property, almost all lenders ask homeowners to purchase an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Shamrock Appraisals, Inc. will produce a statement regarding the value of your home. The price you paid for the home valuation can generally be recovered 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 burdensome decision of who keeps the property, and it can be a very traumatic occurrence for both parties. Regardless of the circumstances, it's wise to get an appraisal from Shamrock Appraisals, Inc. so both parties are entirely aware of the true market value of their home.

The parties will have a clearer picture of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Settling an estate with peace of mind

Losing 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, ensuring the utmost degree of discretion.

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these matters. And since a home or other property often makes up an uneven share of the total estate value, knowing the correct value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal.

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

Moving due to a job change is a real pain, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive aspects of their property, as well as information regarding any new sales or listings in their area that they want considered during our detailed process.

Let Shamrock Appraisals, Inc. help you sell your home quickly at the right price

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 selling price. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. 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 determine the difference in value items like an extra 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 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 homes are one the market.