Real estate appraisal services for homeowners in the city of Wabash and Wabash County
Here are the top seven reasons why IN homeowners hire Lundquist Appraisals & Real Estate Services:
Need help determining the price of your home in or near Wabash, IN?
We at Lundquist Appraisals & Real Estate Services understand the particular needs of a customer seeking appraisal services. Our typical business clients are used to the appraisal process and the usual "products" we deliver to them. As our valued client, you'll receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our conclusions.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your own 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. A professional appraisal is very valuable as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. It gives you something concrete to show the buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your house is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value conclusion than yours.
Appraisals to cancel PMI
A fashionable 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 is below 80% of the value of your house. In most cases you can apply to a lender to have the PMI eliminated from your loan. We're seasoned in helping people just like you do away with undesirable PMI insurance.
Challenge property tax assessments
If you live in a region that is declining or not appreciating as much as other homes close by, your local tax assessor may have your house overvalued. This only 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 quicker you take care of things like this, the better. Getting an appraisal from Lundquist Appraisals & Real Estate Services is your #1 weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
If your house is in a declining area, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be damaging to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow viewpoint. A professional appraisal from Lundquist Appraisals & Real Estate Services can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Have you just received a copy of your appraisal and you'd prefer to have a professional double-check it for precision or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps in question. If you need it in a rush, 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 a retrospective review of any appraisal report you may have had in the past. While usually requested by banks, you may need to utilize this service if you suspect mortgage fraud related to your house.