Attention homeowners: Real estate appraisal services for in Ferndale and Oakland County
Here are the top seven reasons why MI homeowners call on Property Valuation Group:
Own a house in or near Ferndale, MI and need help deciding the value of it?
We at Property Valuation Group understand the unique needs of a homeowner looking for appraisal services. While our usual 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.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your own house because you most likely have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your house will attract buyers. It's something tangible to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just you saying how much your house is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value report than yours.
Appraisals to remove PMI
A fashionable way to save money for homeowners is getting 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 is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're veterans in helping homeowners just like you do away with undesirable PMI insurance.
Challenging a property tax assessment
Your local tax assessor may have your home overvalued if you live in a local area that's going down or not appreciating as much as other properties close by. This means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better off you'll be. A professional appraisal from Property Valuation Group is your strongest weapon when challenging your property tax assessment.
HELOC recently frozen?
Your lender may just choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow standpoint. Property Valuation Group can help you reinstate your home equity line of credit with efficient appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Have you just accepted a copy of your appraisal and you'd prefer to have a veteran appraiser double-check it for efficiency or do you need a second opinion without the added cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in question in a field review. If you need it in a rush, we'll provide you with a 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 report? We can help with that too. While usually requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your property.