Getting an appraisal from Clayton Kennedy Appraisal, LLC

Thousands of people in Kentucky buy, sell or refinance their home every year. Most of these transactions have a simple line item for an appraisal. Most lenders still need a local expert because the stakes are so high, even though there are a developing number of automated home valuation systems that might appear more practical than an appraisal. You might assume that securing a mortgage is the only reason to get an appraisal, but there are more instances when the services of a certified, independent real estate professional might come in handy.

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Let Clayton Kennedy Appraisal, LLC help you challenge your tax assessment in McCracken 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. An appraisal from Clayton Kennedy Appraisal, LLC is your best evidence when building your case. At Clayton Kennedy Appraisal, LLC, we're capable of assisting you in disputing your tax assessment.

Let Clayton Kennedy Appraisal, LLC assist you in lowering your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask homeowners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Since the additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed 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 eliminate PMI, Clayton Kennedy Appraisal, LLC can provide you with a statement regarding the value of your home. The expense of the home valuation can generally be regained in little time because you'll no longer be paying the PMI.

An appraisal from Clayton Kennedy Appraisal, LLC will help you settle a divorce with less stress

A divorce can be a particularly traumatic ordeal for both parties, and it is often more complicated by the strenuous decision of who gets the property. Regardless of the circumstances, it's a good idea to get an appraisal from Clayton Kennedy Appraisal, LLC so both parties are fully aware of the true market value of their home.

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

Trustworthy estate liquidation

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

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And seeing that 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 vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.

Let Clayton Kennedy Appraisal, LLC help you with relocating to or from McCracken County

Employee relocation is a more than just an inconvenience. We know where you're coming from! That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information about any recent sales or listings in their neighborhood that they want considered during our intensive process.

Don't sell out for too little or let your home stay on the market too long.

A professional appraisal will help you make a better educated decision when determining your selling price, whether you choose to sell your home on your own or with the help 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 are derived from our efforts to finish the appraisal report and not a percentage of the sales price.

On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. Getting 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 houses are one the market.