Reasons to choose an appraisal from CR&S Appraisal ServicesThousands of people in North Carolina buy, sell or refinance their home each year. Most of these transactions include a simple line item for an appraisal. And even though there are a developing number of automated home valuation methods that may seem more cost-effective than an appraisal, almost all lenders still want a local expert because the stakes are very high. Is obtaining a mortgage the only basis for getting an appraisal? Are there more times when the services of a certified, independent real estate professional could come in handy? Of course there are. 
Dispute 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 past assessment of your house, so if values have declined in your area, you can appeal your assessment and save money. An appraisal from CR&S Appraisal Services is your best evidence when building your case. We can assist you in challenging your tax assessment. Removing PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an added insurance policy that nearly all lenders ask homebuyers to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the real estate. Most often, this extra payment is lumped into the monthly mortgage payment and is quickly 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% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. CR&S Appraisal Services can produce a statement regarding the value of your home, and the expense of the home valuation can generally be regained in little time because you'll no longer be paying the PMI. Order an appraisal from CR&S Appraisal Services Order onlineSettle a divorce with fewer hang-upsA divorce is a particularly horrible event for the parties involved, and it is often further complicated by the burdensome decision of who gets the house. It's a good idea to get an appraisal from CR&S Appraisal Services so both parties are entirely aware of the true market value of their house, regardless of the circumstances. If the parties want to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Fair and accurate estate liquidationThe death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. We guarantee the highest 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 take care of these affairs, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal. Move to or from Franklin County for workWe are familiar with the stress associated with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive attributes of their property, along with information regarding any new sales or listings in their area that they want considered during our thorough inspection. Close on your home quickly — for an accurate priceA professional appraisal can help you make a more informed decision when determining your selling price, whether you decide 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 are based on our efforts to complete the appraisal report and not a percentage of the sales price. On a daily basis, we analyze the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long housesstay on the market. So, getting a professional appraisal is a trusted way to decide what improvements will add value and what a suitable 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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