Attention homeowners in Wabash and Wabash County: Need an appraisal?
The top 7 reasons IN homeowners order from Lundquist Appraisals & Real Estate Services:
Do you own a home in or near Wabash? Do you need help deciding the price of your real estate?
At Lundquist Appraisals & Real Estate Services, we understand the particular needs of a homeowner seeking appraisal services. Our typical business clients understand the appraisal process and the customary documents we provide. As our non-traditionalclient, you will receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we report the results of our analysis.
Pre-listing Services/For Sale By Owner (FSBO)
It's very hard to be objective about your 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. In addition to helping you set a realistic price to sell at so your house will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just how much your house is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value report than yours.
PMI Removal Appraisals
PMI stands for Private Mortgage Insurance. An attractive way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. 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. Lundquist Appraisals & Real Estate Services is qualified in helping clients just like you get rid of unneeded and unwanted PMI insurance.
Challenging a property tax assessment
Lets say you live in a region that's going down -- your local tax assessor may have your home overvalued. This only means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be. Getting an appraisal from Lundquist Appraisals & Real Estate Services is your number one weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area -- even if your specific property has not declined in value. Not only can this be troublesome from a cash flow standpoint, but it can be damaging to 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.
Do You Need Field and Desktop Appraisal Review Services?
Have you just accepted a copy of your appraisal and you would prefer to have a veteran appraiser double-check it for verity or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps in question. Or, if you need it immediately, 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 report? We can help you with that Even though this is usually requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your property.