Attention homeowners: Real estate appraisal services for in Traverse City and Grand Traverse County
Here are the top seven reasons why Michigan homeowners hire Reamer Appraisals Inc. :
At Reamer Appraisals Inc. , we understand the particular needs of a customer in need of appraisal services. Our customary business clients get the appraisal process and the usual documents we provide. As our non-traditional client, we will give you extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present our findings.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesSince you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Reamer Appraisals Inc. , will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your home will attract many interested buyers. It gives you something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's market value, not just how much you think your house 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 estimation than yours.
Challenging a property tax assessmentYour local tax assessor may have your house overvalued if you live in an area that's declining or is not appreciating as much as other properties nearby. That means you're most likely paying more taxes than you should. The sooner you take care of things like this, the better, since your property assessment may likely go up again in the next period. An appraisal from Reamer Appraisals Inc. is your number one weapon when contesting your property tax assessment.
Appraisals to remove PMIAn attractive 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". Once your mortgage loan amount is below 80% of the value of your property, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are qualified in helping people just like you dismiss unnecessary PMI insurance.
Recently got a freeze to your HELOC?Your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area -- even if your specific property has not declined in value. This can be detrimental to your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow point of view. An efficient appraisal from Reamer Appraisals Inc. can help you reinstate your HELOC.
Field and Desktop Appraisal Review ServicesWould you wish a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want a veteran appraiser to double-check your appraisal for accuracy? Reamer Appraisals Inc. offers field reviews where we'll go out and check the subject and comps. Or, if you need it immediately, 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 had in the past. Even though most review work is requested by lenders, homeowners that have reason to believe a prior appraisal wasn't above board are prudent to invest in a second opinion.