Top reasons homeowners call on
Need an expert to help in determining the value of your house?
We at NCACTR understand the particular needs of a consumer of appraisal services. Our typical business clients understand the appraisal process and the usual documents we provide. But as a consumer, we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we document the results of our analysis.
For Sale by Owner (FSBO)/Pre-Listing ServicesSince you have an emotional attachment to your house, it's often very hard to be objective about it's value in the market. A professional appraiser is trained to be objective and unbiased and will tell you what you need to know, not just what you want to hear.
A professional appraisal can be very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your home will attract interested buyers. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's market value. Interested buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to an accomplished appraiser's value conclusion than yours.
Challenge the County's assessment of your propertyYour local tax assessor may have your home overvalued if you live in a region that is experiencing changing market values. That can mean you are paying more taxes than you should.
The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next assessment period. A professional appraisal from us is your best weapon when challenging your property tax assessment.
Need to remove PMI?PMI stands for "Private Mortgage Insurance". A possible way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments.
Your monthly payments will go down once your mortgage loan is less than 80% of the value of your house. In most cases you can apply to a lender to have the PMI removed from your loan. A professional appraisal may help homeowners just like you delete unnecessary PMI insurance.
Recently got a freeze to your HELOC?Even if your specific property has not declined in value, your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your home is close to an area with changing values.
This can be troublesome from a cash flow viewpoint, and destructive to your credit score since it may appear as though that credit line is maxed out. Our professional appraisal may help you reinstate your home equity line of credit.
Do You Need Field and Desktop Do you need an experienced appraiser to double-check your appraisal for precision, or want a second opinion without the charge and delay of waiting for a whole new appraisal?
Appraisal Review Services?
Tammie Daughety has additional training in appraisal review. Field reviews include going out and checking the subject and comparable sales in question. If you need it quicker, we'll provide you with a desk review and verify as many facts as we can, using online data sources as well as our own files.
We can also provide you with a retrospective review of an appraisal you may have had done before. Even though most review work is requested by lenders for quality control, homeowners that have reason to believe a prior appraisal wasn't all it could have been are prudent to invest in a second opinion.