Attention homeowners in Anderson and Escambia County: Need an appraisal?
Here are the top seven reasons why Indiana homeowners use Brooks Appraisal Services:
Do you own a home in or near Anderson? Do you need help determining the price of your real estate?
At Brooks Appraisal Services, we understand the unique needs of a customer looking for appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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
It's very hard to be objective about your home because you probably have an emotional attachment to it. Our professional appraisers at Brooks Appraisal Services are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is a very valuable negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your home will attract buyers. The appraisal is something concrete to show the buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an accomplished appraiser's value report than yours.
Appraisals to remove PMI
PMI stands for Private Mortgage Insurance. A popular money saver for homeowners is to get the PMI canceled 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 your lender to have the PMI removed from your loan, which will make your monthly payments go down. Brooks Appraisal Services is experts in helping consumers just like you dismiss unneeded PMI insurance.
Challenging Escambia county's assessment of your property
Lets say your home is not appreciating as much as other properties close to yours -- your local tax assessor may have your home overvalued. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be. An appraisal from Brooks Appraisal Services is your number one weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
Your lender might choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can be be damaging to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow angle. Brooks Appraisal Services can help you reinstate your home equity line of credit with efficient appraisal.
Field and Desktop Appraisal Review Services
Do you need a professional to double-check your appraisal for efficiency, or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. 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.
Need a retrospective review of an appraisal report? We can help with that too. While usually requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your house.