Real estate appraisal services for homeowners in the city of Cary and Wake County
The top reasons North Carolina homeowners hire Raleigh-Durham Appraisals:
At Raleigh-Durham Appraisals, we understand the unique needs of a consumer after appraisal services. While our usual 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 ServicesIt's very hard to be objective about your own home 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. A professional appraisal is a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers. It's something tangible to show the buyer. It's an independent third party's opinion of your property's value, and not just you saying how much your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an experienced appraiser's value assessment than yours.
Challenge a property tax assessmentLet's say your house is not appreciating as much as other properties nearby -- your local tax assessor may have your home overvalued. This only means you're most likely paying higher taxes than you should be paying. The earlier you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal report from Raleigh-Durham Appraisals is your number one weapon when challenging your property tax assessment.
Appraisals to cancel PMIGetting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive way to cut expenses for homeowners. 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 your lender to have the PMI canceled from your loan. We are seasoned in helping homeowners just like you abolish undesirable PMI insurance.
HELOC recently frozen?Your lender just might choose to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area -- even if your specific property has not declined in value. This can be disadvantageous from a cash flow standpoint, and harmful to your credit score since it may appear as though that credit line is maxed out. Raleigh-Durham Appraisals can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?Have you just accepted a copy of your appraisal and you would like to have an expert double-check it for preciseness or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Raleigh-Durham Appraisals can go out and check the subject and comps in question in a field review. 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.
We can also provide you with a retrospective review of any appraisal you may have had done before. While typically requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your home.