Haley-Worsham & Associates LLC in Cordova are hired for a variety of clients

Thousands of people in Tennessee purchase, sell or refinance their home every month. Many of these transactions contain a simple line item for an appraisal. Practically all lenders still need a local expert because the stakes are so high, even though there are a budding number of automated home valuation systems that may seem more cost-effective than an appraisal. You might think that getting a mortgage is the only reason to acquire an appraisal, but there are other times when the services of a certified, independent real estate professional might come in handy.

Order appraisals online from Haley-Worsham & Associates LLC by simply clicking here.

Let Haley-Worsham & Associates LLC help you challenge your tax assessment in Shelby County

If you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Haley-Worsham & Associates LLC is your best evidence. At Haley-Worsham & Associates LLC,we can assist you in appealing your tax assessment.

How can you get rid of PMI to lower your mortgage payment?

When the amount being loaned to the home buyer is more than 80% of the actual value of the property, most lenders ask home owners to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that extra payment is usually folded into the monthly mortgage payment, it is often forgotten. PMI isn't necessary 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 approved by the United States Congress that requires lenders to dismiss the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Haley-Worsham & Associates LLC can give you a statement regarding the value of your home. The cost of the appraisal can generally be regained in little time because you'll no longer be paying the PMI.

An appraisal from Haley-Worsham & Associates LLC will help you settle a divorce with less stress

A divorce is often complicated by the hard decision of who gets the house, and it can be an especially heartbreaking occurrence for both parties. So both parties are entirely aware of the true market value of their home, it's a good idea to order an appraisal from Haley-Worsham & Associates LLC, regardless of the situation.

If the parties want to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Accurate and fair estate liquidation

The loss 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 Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these matters. And since a home or other property often makes up an unequal share of the total estate value, knowing the certain value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Relocating to or from Shelby County?

We are familiar with the headaches involved with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide input on the positive aspects of their property, along with information about any new sales or listings in their area that they want considered.

Selling your home quickly at the right price

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value opinion we render, but rather they depend on our efforts to finish the appraisal.

On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, obtaining a professional appraisal is a reliable way to determine 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.