Appraisal services for homeowners
The top seven reasons why homeowners need an appraiser:
We at Maxwell Appraisal Services understand the individual needs of a homeowner looking for appraisal services. While our usual business 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.
For Sale by Owner (FSBO)/Pre-Listing ServicesIt's very hard to be objective about your home because you most likely have an emotional attachment to it. The professional appraisers at Maxwell Appraisal Services will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very crucial as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. It's something tangible to show the buyer. It's an independent third party's opinion of your house's value, and not just you saying how much you think your home is worth. Interested buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to an expert appraiser's value assessment than yours.
Challenge a property tax assessmentYour local tax assessor may have your home overvalued if you live in a region that's going down or not appreciating as much as other properties close to yours. This only means you're most likely paying higher taxes than you should be paying. The sooner you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an appraisal from Maxwell Appraisal Services is your strongest weapon when challenging your property tax assessment.
PMI Removal AppraisalsA popular money saver for homeowners is to get the PMI removed 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 amount is below 80% of the value of your property. In most cases you can apply to a lender to have the PMI eliminated from your loan. At Maxwell Appraisal Services, we're qualified in helping people just like you dismiss unnecessary PMI insurance.
Recently got a freeze to your HELOC?Even if your specific property has not declined in value, your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area. Not only can this be inopportune from a cash flow angle, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Maxwell Appraisal Services can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?Would you like a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you need a professional to double-check your appraisal for precision? Maxwell Appraisal Services offers field reviews where we'll go out and check the subject and comps in question. If you're in a hurry, we'll 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 a retrospective review of any appraisal you may have had done before. Although most review work is requested by lenders, homeowners that have reason to believe they've been the victim of mortgage fraud are wise to invest in a second opinion.