Attention homeowners in Leominster and Worcester County: Get an Appraisal today!
See the top 7 reasons why MA homeowners need Ascension Appraisal:
Need help determining the value of your house in or near Leominster, MA?
At Ascension Appraisal, we understand the special needs of a homeowner in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. Being a regular consumer that probably doesn't look at appraisals every day,you'll receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document the results of our analysis.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your own home because you most likely 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 selling price so your house will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. The appraisal is something tangible to show the buyer. The appraisal is an independent third party's opinion of your property's value, not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value conclusion than yours.
Appraisals to cancel PMI
PMI stands for Private Mortgage Insurance. An attractive way to cut costs for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. At Ascension Appraisal, we're qualified in helping consumers just like you rid themselves of unneeded PMI insurance.
Challenge Tax Assessment
Lets say you live in an area that's declining -- your local tax assessor may have your house overvalued. That means you're paying more taxes than you should. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. An appraisal report from Ascension Appraisal is your number one weapon when challenging your property tax assessment.
HELOC recently frozen?
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 close to a declining area. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow standpoint. Ascension Appraisal can help you reinstate your home equity line of credit with a professional appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Would you like a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire a seasoned expert to double-check your appraisal for verity? An appraiser from Ascension Appraisal can go out and check the subject and comps in question in a field review. Or, if you need it ASAP, 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.
Need a retrospective review of an appraisal report? We can help you with that While usually requested by banks, you may need to exploit this service if you suspect mortgage fraud related to your home.