Attention homeowners: Real estate appraisal services for in Lamar and Johnson County
See the top reasons AR homeowners hire Carol Huffman:
Do you own a house in or near Lamar? Do you need help determining the value of your real estate?
At Carol Huffman, we understand the special needs of a homeowner in need of appraisal services. Our regular business clients understand the appraisal process and the customary "products" we deliver to them. Being a regular person not in the real estate field that ordinarily doesn't look at appraisals on a regular basis,we will give you extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our conclusions.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your own house because you most likely have an emotional attachment to it. The professional appraisers at Carol Huffman will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. It's something tangible to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just you saying how much you think your house is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a seasoned appraiser's value conclusion than yours.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive way to cut costs for homeowners. Once your mortgage loan is below 80% of the value of your home, 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. Carol Huffman is experts in helping homeowners just like you abolish unnecessary PMI insurance.
Challenge a property tax assessment
Lets say your house is not appreciating as much as other homes nearby -- your local tax assessor may have your house overvalued. This means you're probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better. When contesting your property tax assessment, getting an appraisal report from Carol Huffman is your number one weapon.
Was your HELOC recently frozen?
If your home is in or near a declining area, your lender may just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be damaging to your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow viewpoint. An appraisal from Carol Huffman can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you want a seasoned expert to double-check your appraisal for precision? Carol Huffman offers field reviews where we go out and check the subject and comps in question. Or, if you're in a hurry, 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? Carol Huffman can help you with that. Even though this is usually requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your house.