Why obtain an appraisal from BOB'S APPRAISAL SERVICE?

To many, an appraisal just looks like another fee on the settlement sheet for a mortgage or refinance. Most lenders still call for a local expert because the stakes are so high, even though there are a growing number of automated home valuation systems that may appear to be more economical than an appraisal. But is getting a mortgage the only basis for getting an appraisal? Are there other situations when the services of a certified, independent real estate professional might come in handy? You bet there are.


	Contact BOB'S APPRAISAL SERVICE if you're planning on any transaction where the value of your home is a factor. Just click here

Appeal your tax assessment in Shelby County

It's likely you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a previous assessment of your real estate, so if prices have declined in your neighborhood, you can challenge your assessment and save money. An appraisal from BOB'S APPRAISAL SERVICE is your best evidence when building your case. At BOB'S APPRAISAL SERVICE,we can assist you in challenging your tax assessment.

Let BOB'S APPRAISAL SERVICE assist you in lowering your mortgage payment

When the amount being loaned to the home buyer is more than 80% of the actual value of the property, nearly all lenders ask homeowners to buy an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is bad because PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.

BOB'S APPRAISAL SERVICE can give you a statement regarding the value of your home, and the price you paid for the home valuation can usually be regained in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from BOB'S APPRAISAL SERVICE

A divorce is an especially daunting experience for the parties involved, and it is often further complicated by the challenging decision of who keeps the house. Regardless of the situation, it's wise to order an appraisal from BOB'S APPRAISAL SERVICE so both parties are entirely 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 if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Settling an estate with peace of mind

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails 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 maximum degree of discretion.

Most Americans don't have dedicated estate planners or executors to handle these matters, unlike many wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received an honest deal.

BOB'S APPRAISAL SERVICE can assist you in relocating to or from Shelby County

We understand the headaches involved with an employee relocation. That being said, we take great care in organizing a convenient 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 thorough process.

Sell your home quickly at the right price with an appraisal from BOB'S APPRAISAL SERVICE

Whether you want 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, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value we come up with, but rather they are based on our efforts to finish the appraisal.

On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long properties are on the market. So, getting 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 for an extended amount of time.