Reasons to hire an appraiser

Each year, thousands of people in North Carolina buy, sell or refinance their home. A lot of these transactions have a simple line item for an appraisal. Even though there are a multiplying number of automated home valuation processes that might appear less expensive than an appraisal, almost all lenders still need a local expert because the stakes are incredibly high. You might assume that obtaining a mortgage is the only reason to acquire an appraisal, but there are additional situations when the services of a certified, independent real estate professional could be helpful.

For real estate appraisals in Charlotte and Mecklenburg County, it's easiest when your order online from Sherry C Gee, just click here.

Challenge your tax assessment in Mecklenburg County

If 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 Sherry C Gee is your best evidence. We're qualified to assist you in disputing your tax assessment.

Let Sherry C Gee help you get rid of 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, almost all lenders ask homebuyers to take out an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress invoked 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.

If you'd like to do away with PMI, Sherry C Gee can provide you with a statement regarding the value of your home. The expense of the home valuation can generally be offset in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Sherry C Gee

A divorce can be a particularly traumatic event for both parties, and it is often even more complicated by the difficult decision of who keeps the property. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from Sherry C Gee, regardless of the circumstances.

The parties will have a clearer picture of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Settling an estate with peace of mind

The loss of a loved one is a painful 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 guarantee the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these affairs. 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 leave knowing they've received a fair deal.

Let Sherry C Gee assist you in relocating to or from Mecklenburg County

We are aware of the stress involved with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered during our thorough process.

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

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees depend on our efforts to perform the appraisal report and not a percentage of the sales price.

On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes stay on the market. So, seeking 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 for an extended amount of time.