Appraisal services for North Wales and Montgomery County homeowners
Here are the top 7 reasons why PA homeowners call on Drach Appraisals:
Need help deciding the price of your house in or near North Wales, PA?
We at Drach Appraisals understand the individual needs of a consumer in need of appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your house, it's often very hard to be objective about it. The professional appraisers at Drach Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very important as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your house will attract interested buyers. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to an experienced appraiser's value conclusion than yours.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive way to save money for homeowners. Once your mortgage loan is less than 80% of the value of your home, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. Drach Appraisals is experienced in helping customers just like you remove unnecessary PMI insurance.
Challenge property tax assessments
Your local tax assessor may have your house overvalued if you live in a region that's going down or not appreciating as much as other properties nearby. This only means you are paying higher taxes than you should be paying. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an expert appraisal from Drach Appraisals is your best weapon.
HELOC recently frozen?
If your house is close to a declining area, your lender just may choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow point of view. Drach Appraisals can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Have you just been given a copy of your appraisal and you'd wish to have a seasoned professional double-check it for verity or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps. If you need it immediately, we'll 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 you with a a retrospective review of any appraisal report you may have had done before. Even though this is usually requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your house.