Real estate appraisal services for homeowners in the city of Columbia and Howard County
Here are the top seven reasons why MD homeowners call on Astute Appraisals, Inc.:
Own a home in or near Columbia, MD and need help determining the value of it?
At Astute Appraisals, Inc., we understand the unique needs of a customer looking for appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, attorneys, and CPAs. But as a consumer,you will receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we document the results of our analysis.
For Sale By Owner/Pre-Listing Services
It's very hard to be objective about your own house because of your 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 a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your home will attract interested buyers. The appraisal is something concrete to show your buyer. It's an independent third party's opinion of your home's value, and not just how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to a qualified appraiser's value report than yours.
PMI Removal Appraisals
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred way to cut expenses for homeowners. Your monthly payments will go down 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 eliminated from your loan. We're seasoned in helping customers just like you abolish unwanted PMI insurance.
Challenging a property tax assessment
Your local tax assessor may have your house overvalued if your home is not appreciating as much as other properties close to yours. That only means you are paying more taxes than you should. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal from Astute Appraisals, Inc. is your strongest weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
If your house is near a declining area, your lender might just make the decision 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 and inconvenient from a cash flow point of view, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Astute Appraisals, Inc. can help you reinstate your HELOC.
We Also Offer Field and Desktop Appraisal Review Services
Have you just received a copy of your appraisal and you'd prefer to have a veteran appraiser double-check it for efficiency or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? Astute Appraisals, Inc. offers field reviews where we'll go out and check the subject and comps in question. Or, if you're in a hurry, 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.
Do you need a retrospective review of an appraisal? Astute Appraisals, Inc. can help with that too. Even though this is typically requested by banks, you may need to employ this service if you suspect mortgage fraud related to your house.