Reasons to get an appraisal from The Eby GroupThousands of people in Tennessee purchase, sell or refinance their home each month. Most of these transactions include a simple line item for an appraisal. Almost all lenders still call in a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that might appear cheaper than an appraisal. You might assume that getting a mortgage is the only reason to acquire an appraisal, but there are more times when the services of a certified, independent real estate professional could come in handy. 
Challenge your tax assessmentIt'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 previous assessment of your real estate, so if values have gone down in your neighborhood, you can challenge your assessment and save money. An appraisal from The Eby Group is your best evidence when building your case. We're equipped to assist you in challenging your tax assessment. Remove PMI to lower your mortgage paymentWhen the amount being loaned to the home owneris more than 80% of the actual value of the home, almost all lenders ask home buyers to take out this added insurance policy. That policy is Private Mortgage Insurance, or PMI. This added payment is often bundled into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, The Eby Group will produce a statement regarding the value of your home. The expense of the appraisal can usually be regained in little time because you'll no longer be paying the PMI. Order your appraisal from The Eby Group today Order todaySettle a divorce with fewer hang-upsA divorce can be a very daunting ordeal for both parties, and it is often more complicated by the hard decision of who gets the home. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from The Eby Group, regardless of the situation. 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. Determine an accurate and fair valuation for estate liquidationThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the fullest degree of discretion. Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to manage these affairs. A home or other property often makes up a disproportionate 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 received a fair deal. Relocate to or from Williamson County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide input on the positive aspects of their property, as well as information about any new sales or listings in their neighborhood that they want considered. Close on your home promptly — for an accurate priceA professional appraisal can help you make a better educated decision when determining your asking 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, apart from real estate agents. Our fees aren't related to the sales price, but rather they depend on our efforts to complete the appraisal report. 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 housesare on the market. So, obtaining 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 an unnecessarily long time. 
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