Reasons to get an appraisal from C. Gaba Appraisals, LLCThousands of people in Alabama purchase, sell or refinance their home each month. Most of these transactions contain a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are so high, even though there are a developing number of automated home valuation systems that may appear more economical than an appraisal. You might believe that obtaining a mortgage is the only reason to get an appraisal, but there are other situations when the services of a certified, independent real estate professional might come in handy. 
Appeal your tax assessmentIt's likely you're paying too much in property taxes if you live 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 challenge your assessment and save money. An appraisal from C. Gaba Appraisals, LLC is your best evidence when building your case. We're capable of assisting you in disputing your tax assessment. Eliminate PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance policy that nearly all lenders ask homebuyers to buy when the amount being loaned to the home owner is more than 80% of the actual value of the property. Oftentimes, this extra payment is lumped into the monthly mortgage payment and is soon forgotten. PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress 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 eliminate PMI, C. Gaba Appraisals, LLC will provide you with a statement regarding the value of your home. The cost of the home valuation can often be offset in just a few months because you'll no longer be paying the PMI. Order an appraisal from C. Gaba Appraisals, LLC Order onlineGet a clear valuation on a home for divorce settlementsA divorce is often complicated by the hard decision of who maintains the property, and it can be a particularly daunting experience for both parties. It's a good idea to order an appraisal from C. Gaba Appraisals, LLC so both parties are completely aware of the true market value of their house, regardless of the circumstances. If the parties wish to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Determine a fair and accurate valuation for estate liquidationThe death 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 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 fullest degree of discretion. Most Americans do not have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Relocate to or from Mobile County for workEmployee relocation can be a stressful event, and we understand. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we recommend relocating employees to provide feedback on the positive aspects of their property, as well as information about any current sales or listings in their area that they want considered. Close on your home promptly — at an accurate priceA professional appraisal can help you make a more informed decision regarding your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees are based on our efforts to complete the appraisal report and and aren't related to the sales price. We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a trusted 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, because we're experts in knowing how long properties stay on the market. 
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