Appraisal services for Columbia and Howard County homeowners
Here are the top reasons MD homeowners need Astute Appraisals, Inc.:
Need help determining the value of your home in or near Columbia, MD?
We at Astute Appraisals, Inc. understand the individual needs of a customer seeking appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at Astute Appraisals, Inc. 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 house will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. The appraisal is something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just you saying how much your house is worth. Potential buyers know that you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value report than yours.
Need to remove PMI?
A preferred way to cut costs for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your house. In most cases you can apply to a lender to have the PMI canceled from your loan. At Astute Appraisals, Inc., we're experienced in helping homeowners just like you get rid of unneeded PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your house overvalued if you live in a local area that is going down. That only means you are probably paying more taxes than you should. The sooner 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 a professional appraisal from Astute Appraisals, Inc. is your chief weapon when challenging your property tax assessment.
HELOC recently frozen?
If your house is in a declining area, your lender may just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow standpoint. Astute Appraisals, Inc. can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Have you just received a copy of your appraisal and you'd prefer to have a seasoned expert double-check it for efficiency or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from Astute Appraisals, Inc. can go out and check the subject and comparables in question in a field review. If you need it immediately, we'll 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 report? Astute Appraisals, Inc. can help with that too. Even though this is usually requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your home.