Appraisal services for Wabash and Wabash County homeowners
See the top 7 reasons why IN homeowners use Lundquist Appraisals & Real Estate Services:
Own a house in or near Wabash, IN and need help determining the price of it?
We at Lundquist Appraisals & Real Estate Services understand the special needs of a consumer in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. Being a regular person not in the real estate industry that most likely doesn't look at appraisals on a regular basis,you can expect extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our conclusions.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your own home because you probably 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 a potential buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers. The appraisal is something concrete to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much your home is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to a professional appraiser's value assessment than yours.
Need to cancel PMI?
PMI stands for Private Mortgage Insurance. A preferred way to save money for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is down below 80% of the value of your house, 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're experts in helping clients just like you get rid of unwanted and unneeded PMI insurance.
Challenging property tax assessments
Lets say your house is not appreciating as much as other houses close by -- your local tax assessor may have your house overvalued. That means you are probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better off you'll be. Getting an appraisal report from Lundquist Appraisals & Real Estate Services is your best weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
Your lender may just make the decision 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 this be troublesome from a cash flow viewpoint, and negative on your credit score since it may appear as though that credit line is maxed out. Lundquist Appraisals & Real Estate Services can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Have you just been handed a copy of your appraisal and you'd prefer to have a seasoned professional double-check it for preciseness or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables. Or, if you need it in a rush, we can 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? We can help with that too. While typically requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your home.