Attention homeowners: Real estate appraisal services for in Denton and Denton County
Here are the top 7 reasons why TX homeowners need LHC Appraisals:
Own a home in or near Denton, TX and need help determining the price of it?
At LHC Appraisals, we understand the particular needs of a homeowner seeking appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like banks, attorneys, and CPAs. Being a regular person not in the real estate field 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 conclusions.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your house, it's often very hard to be objective about it. Our professional appraisers at LHC Appraisals are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract buyers. The appraisal is something tangible to show the buyer. It's an independent third party's opinion of your house's value, and not just how much you think your house is worth. Potential 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 conclusion than yours.
PMI Removal Appraisals
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive way to save money for homeowners. Your monthly payments will go down 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. LHC Appraisals is seasoned in helping folks just like you do away with undesirable PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your home overvalued if you live in a region that's going down. This means you're probably paying higher taxes than you should be paying. 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 off you'll be. Getting a professional appraisal from LHC Appraisals is your perfect 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 might choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area. Not only can this be unsuitable from a cash flow viewpoint, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. LHC Appraisals can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Do you need a seasoned expert to double-check your appraisal for verity, or do you need a second opinion without the added expense 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 hurry, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal report? We can help with that too. While usually requested by banks, you may desire to take advantage of this service if you suspect mortgage fraud related to your house.