Appraisals in Blue Ridge, Georgia and the Surrounding Areas
Appraisals For Land and Homes is located in Blue Ridge, Georgia and serves Fannin, Gilmer, Union, Towns, and Murray counties. We are FHA approved and offer a variety of home and property appraisal services. Our professionalism and integrity sets us apart and makes us one of the most respected appraisal team in our area.
Pre-Listing, Pre-Purchase, & FSBO
Secure Your Family's Future
Clarity During Difficult Times
Appraisals for Estates & in Unfortunate Times
PMI Removal Appraisals
And Short Sales
For Clients Who Need Appraisals Fast
Schedule Your Appraisal Today!
Appraisals For Land and Homes has many years of experience in all types of appraisals and is well-known and respected for our professionalism, accuracy, and exceptional customer service. Contact us today for all of your property appraisal needs!
Why Get an Appraisal?
There are many reasons you may need or desire to have your home or property appraised. Some of the common reasons include:
Buying or Selling Property
If you’re buying or selling a home, an appraisal helps determine its market value, ensuring you don’t overpay or undersell. For sellers, it can give insight into how much they might reasonably expect to sell for.
Mortgage or Refinancing
Lenders require an appraisal when you’re applying for a mortgage or refinancing, to make sure the property is worth the amount you’re borrowing. This protects the lender in case you default.
Tax Purposes
For property taxes, an appraisal can determine the fair market value of your property to ensure you’re not being overtaxed (or under-taxed, which can be problematic). Similarly, for estates, an appraisal is necessary to figure out the value of the property for estate taxes.
Insurance
For home or personal property insurance, appraisals help determine how much coverage you need, making sure that in case of loss or damage, the payout would be enough to replace the item or property.
Divorce or Legal Disputes
In situations like divorce, an appraisal can help determine the value of assets to divide between parties. Similarly, if you’re involved in a legal dispute about property, an appraisal provides an unbiased assessment of value.
Estate Planning
When you inherit property, an appraisal can help establish the fair market value at the time of transfer. It’s also useful for determining the value of assets in your estate for things like setting up a trust.
Investment Decisions
If you’re thinking about investing in property or other assets (like art or rare collectibles), an appraisal can give you a clearer picture of whether you’re getting a good deal or not.
Home Improvements or Renovations
After making upgrades to your home, you might want an appraisal to see how much value those improvements have added to your property. It can help you decide whether the investment paid off or if you should make further improvements.
Market Value Appraisals
The most common type of appraisal is the market value appraisal. As the name implies, it is used to determine how much a home or property should be sold for on the market. You will typically need this type of appraisal if you are selling or considering buying a home or property. This type of appraisal has many benefits, including being an effective tool for negotiating with potential buyers and their agents. Whether you are buying or selling, a market value appraisal through Appraisals For Land And Homes will save you time, money, and effort.
Investment Value Appraisals
An investment value appraisal is ideal for investors who wish to turn a profit on a home or property. Contrary to market value whose value is set by the market, investment value is set by the investor who may have specific investment goals that need to be met. Thus an investor may value a property more or less than it is actually worth. Appraisals For Land And Homes has worked with many investors and understands the complexities that go into this type of appraisal.
Liquidation Value Appraisals
A liquidation value appraisal is used to determine how much a property can be sold for in the event of foreclosure, short sale, or any other type of forced liquidation. Real estate often requires a period of several months in order to obtain its fair market value in a sale. Liquidation value is the likely price of the property when it is not allowed sufficient time to sell on the open market, therefore reducing its exposure to potential buyers. Liquidation value is typically lower than fair market value. Appraisals For Land And Homes has extensive experience in liquidation value appraisals and you can rely on our reports to minimize your losses.