Need an appraisal in Moody or Saint Clair County?
Here are the top seven reasons AL homeowners need Mid-South Appraisal Service:
Own a home in or near Moody, AL and need help determining the price of it?
At Mid-South Appraisal Service, we understand the particular needs of a homeowner seeking appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, attorneys, and accountants. Being a person not in the real estate industry that most likely doesn't see an appraisal every day,you can expect extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report the results of our analysis.
For Sale By Owner/Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at Mid-South Appraisal Service will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very important negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your house will attract buyers. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your home's value -- not just you saying how much you think your house is worth. Interested buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value judgement than yours.
Appraisals to cancel PMI
A popular money saver for homeowners is getting 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 less than 80% of the value of your house, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. At Mid-South Appraisal Service, we're experienced in helping consumers just like you rid yourselves of unneeded and unwanted PMI insurance.
Challenge a property tax assessment
If you live in a region that is going down or not appreciating as much as other homes nearby, your local tax assessor may have your house overvalued. This only means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better off you'll be. An appraisal report from Mid-South Appraisal Service is your best weapon when challenging your property tax assessment.
Recently got a freeze your HELOC?
Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. Not only can this be unsuitable from a cash flow viewpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Mid-South Appraisal Service can provide you with an expert appraisal to help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Have you just been handed a copy of your appraisal and you'd like to have a seasoned expert double-check it for efficiency or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps in question. If you need it ASAP, 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 you with a a retrospective review of any appraisal you may have in your possession. Even though this is usually requested by banks, you may want to employ this service if you suspect mortgage fraud related to your house.