Attention homeowners in Wabash and Wabash County: Need an appraisal?
The top 7 reasons why IN homeowners hire Lundquist Appraisals & Real Estate Services:
Own a house in or near Wabash, IN and need help determining the value of it?
At Lundquist Appraisals & Real Estate Services, we understand the special needs of a homeowner after appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
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. Our professional appraisers at Lundquist Appraisals & Real Estate Services are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic price to sell at so your home will attract interested buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. It gives you something tangible to show your buyer. The 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 much more likely to give credibility to an expert appraiser's value assessment than yours.
Appraisals to cancel 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". Once your mortgage loan is down 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. Lundquist Appraisals & Real Estate Services is seasoned in helping clients just like you do away with unwanted and unneeded PMI insurance.
Challenging Wabash county's assessment of your property
Your local tax assessor may have your house overvalued if you live in a local area that's declining or not appreciating as much as other homes close by. That means you are most likely 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. When contesting your property tax assessment, getting an appraisal report from Lundquist Appraisals & Real Estate Services is your #1 weapon.
Recently got a freeze your HELOC?
If your property is in or near a declining area, your lender may just 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 this be inopportune from a cash flow viewpoint, and negative on your credit score since it may appear as though that credit line is maxed out. Lundquist Appraisals & Real Estate Services can help you reinstate your home equity line of credit with efficient appraisal.
We Also Provide Field and Desktop Appraisal Review Services
Have you just been given a copy of your appraisal and you would wish to have a seasoned expert double-check it for precision or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Lundquist Appraisals & Real Estate Services can go out and check the subject and comparables in question in a field review. Or, if you need it ASAP, we can provide 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 you may have in your possession. While usually requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your property.