Real estate appraisal services for homeowners in the city of Columbia and Howard County
Check out the top seven reasons why MD homeowners call on Astute Appraisals, Inc.:
Own a home in or near Columbia, MD and need help deciding the value of it?
We at Astute Appraisals, Inc. understand the unique needs of a consumer in need of appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. Being a regular consumer that ordinarily doesn't see an appraisal every day,we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we report the results of our analysis.
Pre-listing Services/For Sale By Owner
It's very hard to be objective about your own home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Astute Appraisals, Inc., will be objective. We'll 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 valuable as a negotiating tool once you have a likely buyer. It's something concrete to show the 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 house and will be more likely to give credibility to a professional appraiser's value report than yours.
PMI Removal Appraisals
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive way to cut expenses for homeowners. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your house. In most cases you can apply to the lender to have the PMI removed from your loan. We're veterans in helping folks just like you rid yourselves of unnecessary PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your home overvalued if you live in a local area that is declining or is not appreciating as much as other homes close to yours. This only means you are probably 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. An appraisal from Astute Appraisals, Inc. is your number one weapon when contesting your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area. Not only can this be inopportune from a cash flow point of view, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Astute Appraisals, Inc. 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 seasoned expert to double-check your appraisal for accuracy, or do you need a second opinion without the 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 ASAP, we'll provide 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? We can help with that too. While usually requested by banks, you may need to employ this service if you suspect mortgage fraud related to your property.