Attention homeowners in Ferndale and Oakland County: Need an appraisal?
The top 7 reasons MI homeowners hire Property Valuation Group:
Own a home in or near Ferndale, MI and need help deciding the value of it?
We at Property Valuation Group understand the individual needs of a consumer looking for appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Property Valuation Group, are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is a very important negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your house will attract many interested buyers. It gives you something tangible to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much you think your house is worth. Potential buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to an expert appraiser's value judgement than yours.
Need to cancel PMI?
PMI stands for Private Mortgage Insurance. An attractive way to cut expenses for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is less than 80% of the value of your home, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. We are experts in helping clients just like you remove unneeded PMI insurance.
Challenging a property tax assessment
Lets say your home is not appreciating as much as other properties close by -- your local tax assessor may have your house overvalued. That means you are most likely paying more taxes than you should. The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal report from Property Valuation Group is your number one weapon.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender may just choose to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. Not only can this be inconvenient from a cash flow standpoint, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. An appraisal from Property Valuation Group can help you reinstate your HELOC.
We Also Offer Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want a seasoned appraiser to double-check your appraisal for accuracy? In a field review we'll go out and check the subject and comps. Or, if you're in a rush, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal? We can help with that too. Even though this is typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your home.