Appraisal services for Pflugerville and Travis County homeowners
Here are the top 7 reasons Texas homeowners need Shirley E. Mitchell Real Estate Appraisals:
We at Shirley E. Mitchell Real Estate Appraisals understand the special needs of a consumer looking for appraisal services. Our regular business clients are used to the appraisal process and the standard "products" we deliver to them. But as a consumer, you will receive extra guidance and explanations through the appraisal process to understand what we do and how we present our conclusions.
Pre-listing Services/For Sale by Owner (FSBO)It'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. In addition to helping you set a realistic selling price so your house will attract buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. It's something tangible to show your buyer. It's an independent third party's opinion of your house's value, and not just how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an accomplished appraiser's value judgement than yours.
Challenge a property tax assessmentYour local tax assessor may have your house overvalued if you live in a local area that is going down. This means you're paying higher taxes than you should be paying. The quicker 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. Getting an appraisal report from Shirley E. Mitchell Real Estate Appraisals is your number one weapon when contesting your property tax assessment.
Appraisals to remove PMIGetting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a popular way to cut costs 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 removed from your loan. We are experts in helping clients just like you do away with unwanted and unneeded PMI insurance.
Was your HELOC recently frozen?Even if your specific property has not declined in value, your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. This can be negative on your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow angle. Shirley E. Mitchell Real Estate Appraisals can help you reinstate your HELOC.
We Also Offer Field and Desktop Appraisal Review ServicesDo you need an expert to double-check your appraisal for precision, or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? Shirley E. Mitchell Real Estate Appraisals offers field reviews where we'll go out and check the subject and comps in question. If you're in a hurry, we'll 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 a retrospective review of any appraisal you may have had in the past. Even though most appraisal reviews are commissioned by lenders, homeowners that have reason to believe they've been the victim of mortgage fraud are wise to get a second opinion.