There are lots of reasons consumers call on Dalton Appraisals

Each year, thousands of people in Tennessee purchase, sell or refinance their home. Most of these transactions contain a simple line item for an appraisal. The majority of lenders still call in a local expert because the stakes are very high, even though there are a developing number of automated home valuation systems that might appear to be less expensive than an appraisal. But is obtaining a mortgage the only reason you should get an appraisal? Are there other cases when the services of a licensed, independent real estate professional might come in handy? Of course.

If you're planning on any transaction where the value of your real estate is a factor, just contact Dalton Appraisals. Just click here.

Let Dalton Appraisals help you appeal your tax assessment in Hancock County

It's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your house, so if prices have declined in your area, you can appeal your assessment and save money. When building your case, an appraisal from Dalton Appraisals is your best evidence. At Dalton Appraisals, we're capable of assisting you in challenging your tax assessment.

Let Dalton Appraisals help you lower your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the home, most lenders ask homebuyers to take out an added insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this added payment is bundled into the monthly mortgage payment and is soon forgotten. This is damaging because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.

Dalton Appraisals can produce a statement regarding the value of your home, and the expense of the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce can be an especially traumatic ordeal for both parties, and it is often even more complicated by the hard decision of who keeps the home. Regardless of the situation, it's a good idea to order an appraisal from Dalton Appraisals so both parties are fully aware of the true market value of their property.

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 gotten a fair evaluation.

Fair and accurate estate liquidation with help from Dalton AppraisalsSettling an estate

The loss 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 residential property involved. We ensure the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to handle these issues. 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 walk away knowing they've received an honest deal.

Let Dalton Appraisals help you with relocating to or from Hancock County

We know the headaches involved with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive process, we recommend employees that are moving to provide feedback on the positive aspects of their property, as well as information about any current sales or listings in their neighborhood that they want considered.

Sell your home quickly at the right price

A professional appraisal can help you make a better educated decision regarding your selling price, whether you choose to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to complete the appraisal.

We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses are on the market. So, getting a professional appraisal is a reliable 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 too long, costing you hassle and money.