There are lots of reasons the public calls on Mark Gibson Appraisal ServiceThousands of people in Tennessee buy, sell or refinance their home every year. Most of these transactions have a simple line item for an appraisal. And even though there are a budding number of automated home valuation systems that might seem less expensive than an appraisal, nearly all lenders still want a local expert because the stakes are so high. You might assume that getting a mortgage is the only reason to acquire an appraisal, but there are more cases when the services of a licensed, independent real estate professional could be helpful.
Let Mark Gibson Appraisal Service help you appeal your tax assessment in Bradley CountyIf you live in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Mark Gibson Appraisal Service is your best evidence. At Mark Gibson Appraisal Service, we're qualified to assist you in challenging your tax assessment.
How can you do away with PMI to lower your mortgage payment?Private Mortgage Insurance, or PMI, is an additional insurance policy that nearly all lenders ask homeowners to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the property. Seeing that added payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to remove the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to do away with PMI, Mark Gibson Appraisal Service will provide you with a statement regarding the value of your home. The expense of the appraisal can generally be regained in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is a particularly traumatic ordeal for the parties involved, and it is often more complicated by the strenuous decision of who maintains the house. It's a good idea to get an appraisal from Mark Gibson Appraisal Service so both parties are fully aware of the true market value of their home, regardless of the circumstances.
The parties will have a good idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Fair and accurate estate liquidation with Mark Gibson Appraisal ServiceSettling an estateLosing a loved one is a painful 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 many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these matters. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Relocating to or from Bradley County?Employee relocation is a stressful event, and we understand. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. During our intensive process, we suggest relocating employees to provide input on the positive attributes of their property, as well as information about any new sales or listings in their area that they want considered.
Selling your home quickly at the right price with an appraisal from Mark Gibson Appraisal ServiceA 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. Our fees depend on our efforts to complete the appraisal report and not a percentage of the sales price.
On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homes are on the market. So, seeking a professional appraisal is a reliable way to determine 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.