Attention homeowners in Denton and Denton County: Need an appraisal?
Here are the top seven reasons TX homeowners use LHC Appraisals:
Do you own a house in or near Denton? Do you need help deciding the value of your real estate?
At LHC Appraisals, we understand the special needs of a consumer seeking appraisal services. Our customary business clients are used to the appraisal process and the customary documents we provide. Being a consumer that most likely doesn't look at appraisals on a regular basis,you will receive extra guidance and explanations through the appraisal process to understand what we do and how we present our findings.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your home because of your emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your home will attract buyers, a professional appraisal is a very valuable negotiating tool once you have a likely buyer. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value opinion than yours.
Need to cancel PMI?
PMI stands for Private Mortgage Insurance. An attractive way to cut costs for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount 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. At LHC Appraisals, we're veterans in helping folks just like you rid themselves of undesirable PMI insurance.
Challenge a property tax assessment
If you live in an area that is declining or not appreciating as much as other homes nearby, your local tax assessor may have your home overvalued. This 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 faster you take care of things like this, the better off you'll be. When contesting your property tax assessment, getting an appraisal from LHC Appraisals is your chief weapon.
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 in a declining area. 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. An appraisal from LHC Appraisals can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you need an expert to double-check your appraisal for efficiency? An appraiser from LHC Appraisals can go out and check the subject and comparables in question in a field review. If you need it ASAP, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal report? LHC Appraisals can help you with that. While typically requested by banks, you may wish to take advantage of this service if you suspect mortgage fraud related to your house.