Reasons to hire an appraiser

Thousands of people in Tennessee purchase, sell or refinance their home every year. A lot of these transactions involve a simple line item for an appraisal. While there are an increasing number of automated home valuation methods that may appear more economical than an appraisal, nearly all lenders still call in a local expert because the stakes are very high. But is obtaining a mortgage the only reason you should get an appraisal? Are there other instances when the services of a certified, independent real estate professional might be helpful? You bet.


	For real estate appraisals in SEYMOUR and Blount County, it's easiest when your order online from Snyders Appraisal Service (865) 414-9506, just click here.

Challenge your tax assessment in Blount County

It's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are based upon 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 Snyders Appraisal Service (865) 414-9506 is your best evidence when building your case. At Snyders Appraisal Service (865) 414-9506,we can assist you in disputing your tax assessment.

Let Snyders Appraisal Service (865) 414-9506 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 home buyers to buy an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often lumped into the monthly mortgage payment and is soon forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to get rid of PMI, Snyders Appraisal Service (865) 414-9506 can give you a statement regarding the value of your home. The expense of the appraisal can usually be offset in a short amount of time because you'll no longer be paying the PMI.

An appraisal from Snyders Appraisal Service (865) 414-9506 will help you settle a divorce with less stress

A divorce can be an especially daunting experience for both parties, and it is often further complicated by the hard decision of who gets the house. Regardless of the situation, it's prudent to order an appraisal from Snyders Appraisal Service (865) 414-9506 so both parties are entirely aware of the true market value of their house.

If the parties wish to sell the home, they'll have a clearer picture of what price to set. And on the flip side, 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

Losing a loved one is a hard 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 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 do not have dedicated estate planners or executors to handle these matters, unlike wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the precise value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Let Snyders Appraisal Service (865) 414-9506 help you with relocating to or from Blount County

Moving due to a job change can be a real pain, and we understand. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. During our detailed process, we encourage employees that are moving to provide remarks on the positive attributes of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered.

Selling your home quickly at the right price with an appraisal from Snyders Appraisal Service (865) 414-9506

Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees are derived from our efforts to finish the appraisal report and and aren't related to the sales price.

On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homes stay on the market. So, getting a professional appraisal is a reliable 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 too long, costing you time and money.