Why you should order an appraisal

Thousands of people in North Carolina purchase, sell or refinance their home each month. A lot of these transactions include a simple line item for an appraisal. While there are a multiplying number of automated home valuation processes that might seem more prudent than an appraisal, most lenders still call in a local expert because the stakes are so high. You might think that getting a mortgage is the only reason to get an appraisal, but there are additional times when the services of a certified, independent real estate professional could be helpful.

Let Campbell and Cress Appraisal Service, LLC assist you in lowering your mortgage payment

Contest your tax assessment

If you are in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Campbell and Cress Appraisal Service, 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 payment

When the amount being loaned to the home owneris more than 80% of the actual value of the real estate, almost all lenders ask homebuyers to take out this added insurance plan. That policy is Private Mortgage Insurance, or PMI. This added payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.

Campbell and Cress Appraisal Service, LLC will produce a statement regarding the value of your home, and the price you paid for the home valuation can usually be regained in a short amount of time because you'll no longer be paying the PMI.

Order your appraisal from Campbell and Cress Appraisal Service, LLC today

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Settle a divorce with fewer hang-ups

A divorce can be an especially traumatic experience for both parties, and it is often further complicated by the troublesome decision of who gets the house. Regardless of the circumstances, it's a good idea to get an appraisal from Campbell and Cress Appraisal Service, LLC so both parties are entirely aware of the true market value of their house.

If the parties need to sell the home, they'll have a better idea 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 evaluation.

Ascertain a fair and accurate valuation for estate liquidation

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.

Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these matters. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Relocate to or from Iredell County through an employee relocation program

Employee relocation is a stressful event, and we understand. We take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our detailed inspection.

Close on your home promptly — for the right price

A professional appraisal can help you make a more informed decision when determining your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are calculated on our efforts to finish the appraisal report.

We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. 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 an unnecessarily long time, because we're experts in knowing how long properties stay on the market.

Let Campbell and Cress Appraisal Service, LLC help you sell your home quickly at the right price