Attention homeowners in Macomb Township and Macomb, Oakland and St. Clair County: Need an appraisal?
The top seven reasons why Michigan homeowners use Homefront Appraisals:
At Homefront Appraisals, we understand the particular needs of a homeowner seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. But as a consumer, you will receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our findings.
Pre-listing Services/For Sale by OwnerSince you have an emotional attachment to your home, it's often very hard to be objective about 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 selling price so your house will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an attainable buyer. It's something concrete to show the buyer. It's an independent third party's opinion of your house's value, and not just how much your house is worth. Interested buyers know you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value estimation than yours.
Challenge Macomb County's assessment of your propertyYour local tax assessor may have your home overvalued if your home is not appreciating as much as other houses close by. That means you are probably paying more taxes than you should. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal from Homefront Appraisals is your number one weapon when contesting your property tax assessment.
Need to remove PMI?An attractive way to cut costs for homeowners is to get the PMI eliminated 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 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 Homefront Appraisals, we're experts in helping consumers just like you rid themselves of unwanted and unneeded PMI insurance.
Was your HELOC recently frozen?Even if your specific property has not declined in value, your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can be inconvenient from a cash flow viewpoint, and destructive to your credit score since it may appear as though that credit line is maxed out. Homefront Appraisals can provide you with an expert appraisal that will help you reinstate your HELOC.
Field and Desktop Appraisal Review ServicesWould you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you need a professional to double-check your appraisal for precision? An appraiser from Homefront Appraisals can go out and check the subject and comps in a field review. 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? Homefront Appraisals can help you with that. Although most review work is commissioned by lenders for quality control, homeowners that have reason to believe they've been the victim of mortgage fraud are prudent to invest in a second opinion.