|
Homeowner Appraisal Services Homeowners need appraisals variety of reasons:
Refinance / Home Equity Be sure that you request us if your lender asks you for YOUR choice of appraisal firms. More than likely we are already on their "approved list", and if not we will quickly provide your lender with the necessary documentation to become approved. For-Sale-By-Owner (FSBO) / Pre-Listing Services It's very hard to be objective about your own home because of your emotional attachment to it. An appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract buyers, an appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something concrete to show your buyer. Potential buyers know you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value opinion than yours. PMI Removal Appraisals A popular money saver for homeowners in the last few years is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. County Tax Assessment With the recent turn in the real estate market, there's a good chance your value according to your tax assessor is incorrect. An appraisal will give you documentation of your property's market value do use if you dispute your tax assessment. Appraisal Review Have you just received a copy of your appraisal and you'd like to have a professional "double-check" it for accuracy or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? |
