There are lots of reasons the public calls on Michael Dodgin & Associates, LLC

To a lot of people, an appraisal is simply a line item on the break-sheet for a mortgage or refinance. Almost all lenders still want a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that may appear to be more economical than an appraisal. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are other situations when the services of a licensed, independent real estate professional might come in handy.

Contact Michael Dodgin & Associates, LLC if you're planning on any transaction where the value of your real estate is a factor. Just click here

Let Michael Dodgin & Associates, LLC help you appeal your tax assessment in Gaston County

It's possible you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a previous assessment of your real estate, so if prices have declined in your area, you can challenge your assessment and save money. An appraisal from Michael Dodgin & Associates, LLC is your best evidence when building your case. We're equipped to assist you in disputing your tax assessment.

Removing PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an extra insurance policy that nearly all lenders ask homeowners to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. Seeing that additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to do away with the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to do away with PMI, Michael Dodgin & Associates, LLC will give you a statement regarding the value of your home. The cost of the appraisal can generally be regained in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Michael Dodgin & Associates, LLC

A divorce is a particularly traumatic experience for the parties involved, and it is often further complicated by the troublesome decision of who keeps the house. Regardless of the situation, it's a good idea to get an appraisal from Michael Dodgin & Associates, LLC so both parties are entirely 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 on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Accurate and fair estate liquidation with Michael Dodgin & Associates, LLCSettling an estate

The death of a loved one is a painful 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 utmost degree of discretion.

Most Americans don't have dedicated estate planners or executors to manage these matters, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.

Michael Dodgin & Associates, LLC can help you with relocating to or from Gaston County

Employee relocation is a stressful event. We know where you're coming from! That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed process, we recommend employees that are moving to provide remarks on the positive aspects of their property, as well as information regarding any current sales or listings in their area that they want considered.

Sell your home quickly at the right price with an appraisal from Michael Dodgin & Associates, LLC

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling 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 we report, but rather they depend on our efforts to complete the appraisal.

We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Obtaining 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 homes are one the market.