Attention homeowners in Wabash and Wabash County: Need an appraisal?
The top seven reasons why IN homeowners call on Lundquist Appraisals & Real Estate Services:
Own a home in or near Wabash, IN and need help determining the value of it?
At Lundquist Appraisals & Real Estate Services, we understand the special needs of a consumer seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. But as a consumer,we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.
Pre-listing Services/For Sale By Owner
Since you have an emotional attachment to your house, it's often very hard to be objective about it. Professional appraisers, like the ones at Lundquist Appraisals & Real Estate Services, will be objective. We 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 buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. It's something tangible to show the buyer. It's an independent third party's opinion of your home's value, and not just you saying how much you think 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 seasoned appraiser's value opinion than yours.
Appraisals to cancel PMI
PMI stands for Private Mortgage Insurance. A popular way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your property. In most cases you can apply to the lender to have the PMI eliminated from your loan. At Lundquist Appraisals & Real Estate Services, we're experts in helping consumers just like you dismiss unwanted and unneeded PMI insurance.
Challenging property tax assessments
Your local tax assessor may have your house overvalued if you live in a local area that's going down or is not appreciating as much as other homes close to yours. This only means you are most likely paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An appraisal from Lundquist Appraisals & Real Estate Services is your perfect weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
Even if your specific property has not declined in value, your lender just may decide to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. Not only can this be troublesome from a cash flow angle, but it can be bad for 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 home equity line of credit with efficient appraisal.
We Offer Field and Desktop Appraisal Review Services
Would you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you need a seasoned expert to double-check your appraisal for accuracy? Lundquist Appraisals & Real Estate Services offers field reviews where we go out and check the subject and comps in question. Or, if you need it ASAP, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal? Lundquist Appraisals & Real Estate Services can help you with that. While typically requested by banks, you may need to use this service if you suspect mortgage fraud related to your property.