Most lenders require a real estate appraisal by a state-certified appraiser as the primary proof required to eliminate unnecessary PMI insurance. At Alpharetta Home Appraiser, we specialize home appraisals, bankruptcy appraisals, divorce appraisals, and estate matters. Some lenders have implemented minimum time limits before PMI can be removed regardless of the amount of equity in a home. It’s important for the homeowner to find out if the lender has implemented any minimum time limits before the process of removing the PMI.

Even if a homeowner doesn’t have enough equity, Congress recently passed a law which allows PMI insurance to be deductible from your taxes. This law is retroactive to 2012, so many recent home purchasers should be able to benefit from it. There are exceptions and income limits, so a tax professional should be contacted for specifics.

The hardest thing for most homeowners is knowing just when their home rises above the 20% mark. This is where Alpharetta Home Appraiser comes in. Our certified, licensed real estate appraisers are here to help. It is an appraiser’s job to know the market dynamics of their area. They know when property values have risen – or declined. As a trusted Georgia home appraiser firm with nearly 20 years of local home appraising experience, we will provide you with the service, details, and speedy home appraisal reports many of our customers have come to expect.