Attention homeowners in Wabash and Wabash County: Get an Appraisal today!
The top reasons IN homeowners need Lundquist Appraisals & Real Estate Services:
Do you own a house in or near Wabash? Do you need help determining the value of your real estate?
At Lundquist Appraisals & Real Estate Services, we understand the unique needs of a homeowner seeking appraisal services. Our usual business clients understand the appraisal process and the standard documents we provide. Being a regular consumer that most likely doesn't look at appraisals on a regular basis,you will receive extra guidance and explanations through the appraisal process to understand what we do and how we document our conclusions.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your own home because you most likely have an emotional attachment to it. The professional appraisers at Lundquist Appraisals & Real Estate Services will tell you what you need to know -- not just what you want to hear. We are objective. 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. The appraisal is something concrete to show the buyer. It's an independent third party's opinion of your home's value, and not just how much your home is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a qualified appraiser's value assessment than yours.
Appraisals to remove PMI
A 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 less than 80% of the value of your property. In most cases you can apply to the lender to have the PMI removed from your loan. Lundquist Appraisals & Real Estate Services is veterans in helping homeowners just like you delete unwanted PMI insurance.
Challenge property tax assessments
Your local tax assessor may have your house overvalued if you live in an area that's declining. That means you are paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. Getting an expert appraisal from Lundquist Appraisals & Real Estate Services is your best weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
Your lender might decide to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area -- even if your specific property has not declined in value. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow standpoint. An appraisal from Lundquist Appraisals & Real Estate Services can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Have you just been given a copy of your appraisal and you'd wish to have a seasoned appraiser double-check it for accuracy or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? Lundquist Appraisals & Real Estate Services offers field reviews where we'll go out and check the subject and comparables. 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.
Do you need a retrospective review of an appraisal report? Lundquist Appraisals & Real Estate Services can We can assist you. While typically requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your house.