Real estate appraisal services for homeowners in Wayne & Monroe County
Here are the top 7 reasons Michigan homeowners order from Precision Appraisal & Review:
At Precision Appraisal & Review, we understand the unique needs of a customer seeking appraisal services. While our typical 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.
Pre-listing Services/For Sale by Owner (FSBO)It's very hard to be objective about your own house because you most likely have an 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 important negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your home will attract many interested buyers. The appraisal is something tangible to show the buyer. The appraisal is an independent third party's opinion of your property's market value, not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your house and will be more likely to give credibility to a seasoned appraiser's value conclusion than yours.
Challenge property tax assessmentsYour local tax assessor may have your home overvalued if you live in a region that's declining. This means you are probably paying higher taxes than you should be paying. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An expert appraisal from Precision Appraisal & Review is your chief weapon when contesting your property tax assessment.
PMI Removal AppraisalsA preferred 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". Your monthly payments will go down once your mortgage loan is below 80% of the value of your home. In most cases you can apply to your lender to have the PMI canceled from your loan. At Precision Appraisal & Review, we're experienced in helping clients just like you rid themselves of unwanted and unneeded PMI insurance.
Was your HELOC recently frozen?Your lender just might choose to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. This can be damaging to your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow viewpoint. Precision Appraisal & Review can help you reinstate your home equity line of credit with a professional appraisal.
We Also Offer Field and Desktop Appraisal Review ServicesDo you need a veteran appraiser to double-check your appraisal for accuracy, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? Precision Appraisal & Review 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.
We can also provide you with a retrospective review of any appraisal report you may have in your possession. Although most appraisal reviews are commissioned by lenders, homeowners that have reason to believe they've been the victim of mortgage fraud are wise to get a second opinion.