Attention homeowners: Real estate appraisal services for in Dothan and Houston County
Here are the top seven reasons why Alabama homeowners need Nathan Wallace Appraisals:
At Nathan Wallace Appraisals, we understand the unique needs of a customer after appraisal services. Our regular business clients get the appraisal process and the usual reporting formats. But as a consumer, you can expect extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.
For Sale by Owner (FSBO)/Pre-Listing ServicesIt's very hard to be objective about your own house because you probably have an emotional attachment to it. The professional appraisers at Nathan Wallace Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your house will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an interested buyer. The appraisal is something concrete to show your buyer. It's an independent third party's opinion of your property's value, and not just how much your house is worth. Potential buyers know you have an emotional attachment to your house and will be far more likely to give credibility to a qualified appraiser's value conclusion than yours.
Challenging Houston County's assessment of your propertyYour local tax assessor may have your house overvalued if your home not appreciating as much as other houses close by. This only means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better off you'll be. Getting an appraisal from Nathan Wallace Appraisals is your best weapon when contesting your property tax assessment.
Need to remove PMI?A fashionable way to cut costs for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is below 80% of the value of your property, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. Nathan Wallace Appraisals is seasoned in helping homeowners just like you abolish unwanted and unneeded PMI insurance.
HELOC recently frozen?Even if your specific property has not declined in value, your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. This can be annoying from a cash flow viewpoint, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Nathan Wallace Appraisals can provide you with efficient appraisal that will help you reinstate your home equity line of credit.
We Also Offer Field and Desktop Appraisal Review ServicesDo you need an expert to double-check your appraisal for verity, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables. If you need it 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 you may have had done before. Even though most review work is requested by lenders, homeowners that have reason to believe a prior appraisal wasn't above board are prudent to get a second opinion.