Attention homeowners in Burlington and Alamance County: Get an Appraisal today!
The top 7 reasons why NC homeowners use Alamance Appraisals:
Need help deciding the value of your house in or near Burlington, NC?
At Alamance Appraisals, we understand the special needs of a homeowner in need of appraisal services. While our typical business 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.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your home because you probably have an emotional attachment to it. Our professional appraisers at Alamance Appraisals are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have a likely buyer. The appraisal is something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much you think your home is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value estimation than yours.
Need to remove PMI?
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred way to cut expenses for homeowners. Once your mortgage loan is below 80% of the value of your property, 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. At Alamance Appraisals, we're experienced in helping folks just like you dismiss undesirable PMI insurance.
Challenge a property tax assessment
Lets say your house is not appreciating as much as other houses close by -- your local tax assessor may have your home overvalued. That means you are going to pay more taxes than you should. The faster you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal report from Alamance Appraisals is your perfect weapon.
Was your HELOC recently frozen?
If your property is in 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. Not only can this be annoying from a cash flow standpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Alamance Appraisals can provide you with efficient appraisal to help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Have you just been handed a copy of your appraisal and you'd like to have an expert double-check it for accuracy or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps in question. Or, if you need it immediately, we can provide you with a 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? Alamance Appraisals can help with that too. While usually requested by banks, you may wish to exploit this service if you suspect mortgage fraud related to your home.