Cobb County Property Appraiser
Contact Cobb County Property Appraiser
2145 South Cobb Drive SE
Smyrna, GA 30060
Are you thinking about refinancing? Before you start shopping for a loan, you need to work with a lender to get pre-approved for a mortgage. Pre-approval is essentially a promise from the lender that you’re qualified to borrow up to a certain amount of money at a specific interest rate.
But is that all you need to do?
Oftentimes, borrowers who have gone through the pre-approval process find out at the last moment that they cannot get the loan because the appraisal did not “come in”.
What does this mean? This simply means that the appraiser’s value opinion of the home was not high enough for the loan company to loan on it. In other words, the value of the home could be lower than the proposed loan amount, or the loan company may want to see that the house was appraised for more than what they want to loan out.
Needless to say, this can be very frustrating.
Many borrowers have used Cobb County Property Appraiser to avoid this kind of situation. Cobb County Property Appraiser specializes in giving borrowers a good idea of what their home is worth, before they start the loan process.
There are several advantages to investing in a pre-loan appraisal from Cobb County Property Appraiser. By knowing what your home is worth, you will be able to decide if it is worth your time and energy in pursuing the refinance loan. This may save you a significant amount of money in additional appraisal fees to the lender during the loan process. Additionally, should the lender’s appraiser have a significantly different value opinion, you will already have second professional’s opinion as a backup — which may be used to successfully dispute the lender’s appraisal, and possibly result in successfully closing of the loan.
Pre-loan appraisals from Cobb County Property Appraiser have saved time and money for many homeowners during the pre-approval process. Contact us today for your complimentary consultation and detailed quote.