Why obtain an appraisal from Talley Appraisal Services?

Thousands of people in Alabama purchase, sell or refinance their home each year. A lot of these transactions consist of a simple line item for an appraisal. Nearly all lenders still call in a local expert because the stakes are incredibly high, even though there are a developing number of automated home valuation systems that may appear more cost-effective than an appraisal. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are other cases when the services of a licensed, independent real estate professional might be beneficial.

For real estate appraisals in Dothan and Houston County, it's easiest when your order online from Talley Appraisal Services, just click here.

Let Talley Appraisal Services help you challenge your tax assessment in Houston County

It's possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your real estate, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. An appraisal from Talley Appraisal Services is your best evidence when building your case. At Talley Appraisal Services, we're capable of assisting you in challenging your tax assessment.

Let Talley Appraisal Services help you eliminate PMI to lower your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the property, many lenders ask buyers to purchase an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is folded into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. 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.

Talley Appraisal Services can produce a statement regarding the value of your home, and the expense of the home valuation can usually be recovered in just a few months because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is an especially traumatic ordeal for the parties involved, and it is often more complicated by the difficult decision of who gets the home. It's a good idea to get an appraisal from Talley Appraisal Services so both parties are entirely aware of the true market value of their property, regardless of the situation.

The parties will have a clearer picture of what price to set, if they want 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 assessment.

Accurate and fair estate liquidation with Talley Appraisal ServicesSettling an estate

The loss of 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. 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).

Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike 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 walk away knowing they've gotten a fair deal.

Relocating to or from Houston County?

Moving due to a job change is a real pain, and we understand. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough process, we encourage employees that are moving to provide remarks on the positive attributes of their property, along with information regarding any new sales or listings in their neighborhood that they want considered.

Don't sell out short or let your home stay on the market too long.

A professional appraisal will help you make a better educated decision regarding your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees depend on our efforts to complete the appraisal report and and aren't related to the sales price.

On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long houses stay on the market. So, getting a professional appraisal is a trusted 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 too long, costing you time and money.