Attention homeowners in Charlottesville and Charlottesville City County: Get an Appraisal today!
The top 7 reasons VA homeowners call on Absolute Appraisals, LLC:
Do you own a home in or near Charlottesville? Do you need help determining the value of your real estate?
At Absolute Appraisals, LLC, we understand the particular needs of a customer in need of 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 own house because of your 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. In addition to helping you set a realistic price to sell at so your property will attract interested buyers, a professional appraisal is a crucial negotiating tool once you have an interested buyer. The appraisal is something concrete to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much your house is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value conclusion than yours.
Appraisals to remove PMI
A preferred way to cut expenses 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". Once your mortgage loan amount is below 80% of the value of your property, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're experienced in helping people just like you rid yourselves of unwanted and unneeded PMI insurance.
Challenge property tax assessments
Lets say your house is not appreciating as much as other properties close by -- your local tax assessor may have your home overvalued. That only means you're going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. When challenging your property tax assessment, getting an appraisal from Absolute Appraisals, LLC is your number one weapon.
Recently got a freeze your HELOC?
Your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. Not only can this be difficult from a cash flow angle, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Absolute Appraisals, LLC can provide you with a professional appraisal that will help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Have you just been handed a copy of your appraisal and you would like to have a seasoned appraiser double-check it for accuracy or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we'll 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? Absolute Appraisals, LLC can help with that too. Even though this is usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your home.