Attention homeowners in Hartford City and Jay County: Get an Appraisal today!
Check out the top seven reasons Indiana homeowners use DRB Appraisals:
At DRB Appraisals, we understand the particular needs of a consumer looking for appraisal services. Our typical business clients get the appraisal process and the customary "products" we deliver to them. But as a general consumer, you will receive extra guidance and explanations through the appraisal process to understand what we do and how we present our findings.
For Sale by Owner (FSBO)/Pre-Listing ServicesSince you have an emotional attachment to your own home, it's often very hard to be objective about 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 property will attract many interested buyers, a professional appraisal is very important as a negotiating tool once you have an interested buyer. It gives you something tangible to show your buyer. The appraisal is an independent third party's opinion of your home's market value, not just how much your house is worth. Interested 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 estimation than yours.
Challenge Tax AssessmentYour local tax assessor may have your home overvalued if you live in a region that's going down or is not appreciating as much as other properties close to yours. This only means you are probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better off you'll be. An expert appraisal from DRB Appraisals is your strongest weapon when contesting your property tax assessment.
Appraisals to remove PMIPMI stands for Private Mortgage Insurance. An attractive way to save money for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is less than 80% of the value of your house, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are experienced in helping customers just like you remove unneeded and unwanted PMI insurance.
Was your HELOC recently frozen?If your property is near a declining area, your lender may decide 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 difficult and inconvenient from a cash flow point of view, but it can be negative on your credit score since it may appear as though that credit line is maxed out. DRB Appraisals can provide you with a professional appraisal that will help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review ServicesWould you like a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you need a seasoned professional to double-check your appraisal for efficiency? DRB Appraisals offers field reviews where we go out and check the subject and comparables in question. Or, if you're in a rush, 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? We can assist you. Although most review work is commissioned by lenders, homeowners that have reason to believe they've been the victim of mortgage fraud are wise to invest in a second opinion.