Attention homeowners: Real estate appraisal services for in Millersville and Anne Arundel County
Check out the top seven reasons Maryland homeowners order from First Advantage Appraisal Service:
At First Advantage Appraisal Service, we understand the unique needs of a homeowner looking for appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. But as a general consumer, we will give you extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report the results of our analysis.
For Sale by Owner (FSBO)/Pre-Listing ServicesSince you have an emotional attachment to your home, it's often very hard to be objective about it. Professional appraisers, like the ones at First Advantage Appraisal Service, are 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 selling price so your house will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have a likely buyer. It's something tangible to show the buyer. An appraisal is an independent third party's opinion of your home's value -- not just how much your home is worth. Potential buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to a professional appraiser's value assessment than yours.
Challenging property tax assessmentsYour local tax assessor may have your house overvalued if you live in a region that is going down or is not appreciating as much as other homes close by. This only means you're paying higher taxes than you should be paying. The faster 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 report from First Advantage Appraisal Service is your best weapon when challenging your property tax assessment.
Appraisals to cancel PMIPMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is below 80% of the value of your home, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. First Advantage Appraisal Service is seasoned in helping people just like you dismiss unwanted PMI insurance.
Was your HELOC recently frozen?If your home is in or 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 viewpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. First Advantage Appraisal Service can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review ServicesWould you like a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want a seasoned appraiser to double-check your appraisal for accuracy? In a field review we will go out and check the subject and comps in question. Or, if you're in a hurry, we can provide 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? We can help with that too. Although most appraisal reviews are requested by lenders, homeowners suspecting they've been the victim of mortgage fraud are wise to invest in a second opinion.