|
|
Attention homeowners in Fort Worth and Tarrant County: Need an appraisal?
The top reasons Texas homeowners use Young Appraisal Company, Inc.:
- To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
- Challenge a property tax assessment
-
To cut a mortgage payment by removing PMI
-
To reinstate your Home Equity Line of Credit (or HELOC)
-
To review a different appraiser's report for verification
-
In the case of a divorce in the state of Texas, when real estate property needs to be divided
-
To settle an estate in Texas by determining the true market value of the property in question
At Young Appraisal Company, Inc., we understand the individual needs of a homeowner looking for appraisal services.
Our typical business clients understand the appraisal process and the standard reporting formats. Being a person not in the real estate field that probably doesn't see an appraisal every day, we will provide you with extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report the results of our analysis.
Pre-listing Services/For Sale by Owner (FSBO)
It's very hard to be objective about your home because of your emotional attachment to it.
The professional appraisers at Young Appraisal Company, Inc. 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 property will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer.
It's something tangible to show your buyer.
The appraisal is an independent third party's opinion of your home's market value, not just you saying how much you think your house is worth.
Potential buyers know you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value report than yours.
Challenge property tax assessments
Let's say your house is not appreciating as much as other homes nearby -- your local tax assessor may have your house overvalued.
This only means you're going to pay higher taxes than you should be paying.
The sooner 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 report from Young Appraisal Company, Inc. is your strongest weapon when challenging your property tax assessment.
Need to cancel PMI?
PMI stands for Private Mortgage Insurance. A preferred money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments.
Once your mortgage loan is less than 80% of the value of your property, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down.
Young Appraisal Company, Inc. is qualified in helping customers just like you delete unneeded and unwanted PMI insurance.
HELOC recently frozen?
If your property is near a declining area, your lender might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value.
Not only can this be unsuitable from a cash flow viewpoint, but it can be destructive to your credit score since it may appear as though that credit line is maxed out.
Young Appraisal Company, Inc. can help you reinstate your home equity line of credit with efficient appraisal.
Need Field and Desktop Appraisal Review Services?
Do you need a veteran appraiser to double-check your appraisal for accuracy, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal?
We can go out and check the subject and comps in a field review.
Or, if you're in a rush, 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.
We can also provide you with a retrospective review of any appraisal report you may have had done before.
While typically requested by banks, you may need to use this service if you suspect mortgage fraud related to your property.
|
|