Reasons someone would need Hallmark Appraisal LLC

Year after year, thousands of people in Kentucky purchase, sell or refinance their home. A lot of these transactions include a simple line item for an appraisal. Even though there are an increasing number of automated home valuation methods that may appear less expensive than an appraisal, practically all lenders still call in a local expert because the stakes are incredibly high. But is obtaining a mortgage the only reason you should get an appraisal? Are there also situations when the services of a certified, independent real estate professional might come in handy? You bet there are.


	For real estate appraisals in Hopkinsville and Christian County, it's easiest when your order online from Hallmark Appraisal LLC, just click here.

Let Hallmark Appraisal LLC help you appeal your tax assessment in Christian County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your home, so if prices have declined in your area, you can appeal your assessment and save money. When building your case, an appraisal from Hallmark Appraisal LLC is your best evidence. At Hallmark Appraisal LLC, we're capable of assisting you in challenging your tax assessment.

PMI removal to lower your mortgage payment

When the amount being loaned to the home owner is more than 80% of the actual value of the real estate, most lenders ask homeowners to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often lumped into the monthly mortgage payment and is soon forgotten. PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Hallmark Appraisal LLC will provide you with a statement regarding the value of your home. The price you paid for the appraisal can generally be offset in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is an especially traumatic ordeal for the parties involved, and it is often more complicated by the burdensome decision of who keeps the home. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Hallmark Appraisal LLC, regardless of the circumstances.

If the parties need to sell the home, they'll have a a good 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 gotten a fair evaluation.

Fair and accurate estate liquidation with Hallmark Appraisal LLCSettling an estate

The death 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.

Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these issues. And since a home or other property often makes up an unequal share of the total estate value, 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.

Relocating to or from Christian County

We are familiar with the stress associated with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive characteristics of their property, along with information about any current sales or listings in their area that they want considered during our intensive process.

Let Hallmark Appraisal LLC assist you in selling your home quickly at the right price

A professional appraisal will help you make a better educated decision regarding your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike 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 analyze the difference in value things like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a reliable way to decide 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 - because we're experts in knowing how long homes stay on the market.