6 Reasons you should order an appraisal from C. Gaba Appraisals, LLCThousands 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. And while there are a growing number of automated home valuation systems that might seem more cost-effective than an appraisal, practically all lenders still call for a local expert because the stakes are incredibly high. Is obtaining a mortgage the only reason to acquire an appraisal? Are there also instances when the services of a licensed, independent real estate professional might be helpful? You bet there are. 
Appeal your tax assessment in Mobile CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At C. Gaba Appraisals, LLC, we're capable of assisting you in challenging your tax assessment. PMI removal to lower a mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance plan that most lenders ask homeowners to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the property. This added payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is unfortunate because PMI isn't required 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) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, C. Gaba Appraisals, LLC will produce a statement regarding the value of your home. The expense of the home valuation can usually be offset in just a few months because you'll no longer be paying the PMI. Order your appraisal from C. Gaba Appraisals, LLC today Order todaySettle a divorce with less stressA divorce can be an especially horrible ordeal for both parties, and it is often even more complicated by the difficult decision of who maintains the house. It's a good idea to get an appraisal from C. Gaba Appraisals, LLC so both parties are entirely aware of the true market value of their home, regardless of the circumstances. If the parties want to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Determine a fair and accurate valuation for estate liquidationThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion. Most Americans do not have dedicated estate planners or executors to manage these matters, unlike wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten a fair deal. Move to or from Mobile County for workEmployee relocation can be a stressful event, and we understand. We take great care in organizing 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 intensive inspection. Sell your home promptly — at an accurate priceA professional appraisal can help you make a better educated decision regarding your asking price, whether you choose 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, unlike real estate agents. Our fees are calculated on our efforts to complete the appraisal report and not a percentage of the sales price. 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 propertiesare on the market. So, getting a professional appraisal is a reliable way to decide 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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