Attention homeowners: Real estate appraisal services for in Montgomery and Elmore County
Here are the top seven reasons why AL homeowners use Mike Noble Appraisals:
Own a home in or near Montgomery, AL and need help deciding the price of it?
We at Mike Noble Appraisals understand the special needs of a homeowner in need of appraisal services. Our customary business clients are used to the appraisal process and the standard documents we provide. But as a general consumer,you'll receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at Mike Noble Appraisals are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic price to sell at so your house will attract interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an interested buyer. It's something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's price -- not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to a seasoned appraiser's value report than yours.
Appraisals to cancel PMI
PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is below 80% of the value of your home, 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. At Mike Noble Appraisals, we're qualified in helping homeowners just like you abolish unneeded and unwanted PMI insurance.
Challenge property tax assessments
Your local tax assessor may have your house overvalued if you live in a local area that is going down or is not appreciating as much as other homes close by. This means you are going to pay higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. An expert appraisal from Mike Noble Appraisals is your chief weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
If your home is in a declining area, your lender may just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow angle. Mike Noble Appraisals can provide you with a professional appraisal to help you reinstate your home equity line of credit.
We Offer Field and Desktop Appraisal Review Services
Do you need a veteran appraiser 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? In a field review we'll go out and check the subject and comparables in question. Or, if you need it ASAP, 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.
Do you need a retrospective review of an appraisal report? Mike Noble Appraisals can help with that too. Even though this is typically requested by banks, you may need to take advantage of this service if you suspect mortgage fraud related to your house.