Appraisal services for Jefferson and Ashe County homeowners
Here are the top seven reasons why NC homeowners hire Parkway Appraisals:
Need help determining the value of your house in or near Jefferson, NC?
At Parkway Appraisals, we understand the individual needs of a customer looking for appraisal services. Our typical business clients get the appraisal process and the usual reporting formats. But as a consumer,we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we report our findings.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your own house because you probably have an 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 house will attract interested buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's price, not just how much your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value report than yours.
Need to remove PMI?
A popular money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your home. In most cases you can apply to your lender to have the PMI eliminated from your loan. At Parkway Appraisals, we're veterans in helping clients just like you do away with unneeded PMI insurance.
Challenge property tax assessments
If you live in a local area that is declining or is not appreciating as much as other properties nearby, your local tax assessor may have your home overvalued. That means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better. Getting an expert appraisal from Parkway Appraisals is your best weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
If your home is in or near a declining area, your lender may choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be annoying from a cash flow angle, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Parkway Appraisals can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you want a seasoned professional to double-check your appraisal for efficiency? In a field review we'll go out and check the subject and comparables. If you're in a rush, 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 a retrospective review of any appraisal report you may have had done before. Even though this is usually requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your house.