Why you should get an appraisal

Thousands of people in Georgia purchase, sell or refinance their home each month. Most of these transactions involve a simple line item for an appraisal. Almost all lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation methods that might appear more practical than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there more instances when the services of a certified, independent real estate professional could be beneficial? Of course there are.


	Contact Bajalia & Associates, LLC if you're planning on any transaction where the value of your real estate is a factor. Just click here

Let Bajalia & Associates, LLC help you challenge your tax assessment in Lowndes County

It's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a previous 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 Bajalia & Associates, LLC is your best evidence when building your case. At Bajalia & Associates, LLC, we're equipped to assist you in appealing your tax assessment.

Let Bajalia & Associates, LLC help you eliminate PMI to lower your mortgage payment

When the amount being loaned to the buyer is more than 80% of the actual value of the real estate, many lenders ask home buyers to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to eliminate PMI, Bajalia & Associates, LLC can give you a statement regarding the value of your home. The cost of the home valuation can usually be offset in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Bajalia & Associates, LLC

A divorce can be a particularly daunting experience for both parties, and it is often further complicated by the hard decision of who keeps the home. It's a good idea to get an appraisal from Bajalia & Associates, LLC so both parties are entirely aware of the true market value of their home, regardless of the circumstances.

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

Accurate and fair estate liquidation with help from Bajalia & Associates, LLCSettling an estate

The loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails 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 manage these matters, unlike many wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, understanding the absolute value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.

Bajalia & Associates, LLC can assist you in relocating to or from Lowndes County

We know the stress associated with an employee relocation. We take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we recommend employees that are moving to provide remarks on the positive attributes of their property, along with information about any current sales or listings in their area that they want considered.

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

A professional appraisal can help you make a more informed decision regarding your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. With much different interests than 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 perform the appraisal report and and aren't related to 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 houses stay on the market. So, getting a professional appraisal is a reliable way to determine 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 for an extended amount of time.