Appraisal services for Wabash and Wabash County homeowners
The top 7 reasons why IN homeowners hire Lundquist Appraisals & Real Estate Services:
Need help deciding the value of your house in or near Wabash, IN?
At Lundquist Appraisals & Real Estate Services, we understand the particular needs of a homeowner in need of appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. But as a consumer,we'll be sure you get extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our findings.
For Sale By Owner/Pre-Listing Services
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Our professional appraisers at Lundquist Appraisals & Real Estate Services are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have a likely buyer. The appraisal is something tangible to show the buyer. The appraisal is an independent third party's opinion of your property's price, not just how much you think your house is worth. Interested buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value assessment than yours.
PMI Removal Appraisals
A fashionable money saver for homeowners is getting the PMI eliminated 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 the lender to have the PMI removed from your loan, which will make your monthly payments go down. We are experts in helping people just like you rid yourselves of 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 is declining or not appreciating as much as other houses close by. This only means you are paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an appraisal from Lundquist Appraisals & Real Estate Services is your chief weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
If your house is near a declining area, your lender might just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be difficult from a cash flow angle, but it can be destructive 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 home equity line of credit with an expert appraisal.
Need Field and Desktop Appraisal Review Services?
Do you need a professional to double-check your appraisal for efficiency, or do you want 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. If you need it in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide you with a a retrospective review of any appraisal report you may have had done before. While typically requested by banks, you may desire to take advantage of this service if you suspect mortgage fraud related to your property.