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Residential Appraisal
Residential Appraisal in Atlanta, GA
A residential real estate appraisal report is a independent, unbiased, third party opinion that provides an official estimate on the market value of a residential home from an accredited practitioner.
Qualified The William Griffin Appraisal Firm appraisers will establish the fair market value of your property and offer sellers a precise figure of what a home could sell for on the open market. In addition, we protect buyers with specifics for regarding its actual market value. Our licensed Atlanta, Georgia appraisers provide estimates for a house's tax-assessed value.
Accurate Home Appraisals Expertise and the qualifications required for appraisals for:
- Property financing
- Residential property sales
- Asset valuation
- Taxation purposes including property tax assessments
- Replacement cost appraisals for insurance purposes
- Legal disputes (marital, divorce, partnerships, etc.)
Home Valuation
A formal appraisal is vital for calculating a realistic listing price. Many sellers that have consulted with The William Griffin Appraisal Firm before putting their homes on the market have benefited when selling real estate in Atlanta, GA.
Appraisal for Home Buyers
Many lenders require a residential property to be evaluated prior to buyers make a formal offer so as to ensure that the quantity of the requested mortgage loan is true to your home's actual worth. Independent evaluations also give buyers a chance to verify whether the list price is reasonable and may be included as a contingency clause in purchase agreements in which the lender's approval of this loan is conditional to a professional appraisal.
Appraisals for Home Refinancing
As is true with an original mortgage loan, lenders may request an appraisal of your house when asking a refinancing loan if the property has decreased in value over time to ensure your home's value is equal to the loan. Additionally, the equity in your house may also have diminished depending on any changes in its market value that our accredited appraisers are competent to check.
Residential Appraisers for Tax Reassessment
The William Griffin Appraisal Firm supplies residential home appraisals for the purpose of determining accurate property taxes. Since many states base property taxes available on the market value of your home; if your home in Atlanta, Georgia has decreased in value, you might be eligible for a decline in property tax based on the indications of a licensed appraiser.
Types of Residential Appraisals:
- Single family homes
- Semi-detached homes
- Mobile homes
- Duplex
- Triplex
- Town houses
- Vacant land
- Cottages
- Condominiums
- High rise
- Low rise
- Co-operative units
The William Griffin Appraisal Firm knows how important an objective and detailed evaluation can be to facilitate your own personal or business property transactions and completes reports in a timely and effective manner. Call us for a confidential and free consultation.
Is an Appraisal the Same as a Home Inspection?
It's crucial to distinguish between a licensed appraisal and a home inspection. While a home inspection offers information on the structure and surrounding area of a residential property; an appraisal variables in additional pertinent information to arrive at a precise monetary value that's based on qualified and specific calculations made with a qualified and unbiased professional.
