Appraisal services for homeowners
The top seven reasons CA homeowners need ADK Appraisal Services:
Need help deciding the value of your house?
At ADK Appraisal Services, we understand the special needs of a homeowner seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, lawyers, and accountants. But as a consumer,you will receive extra guidance and explanations through the appraisal process to understand what we do and how we document our conclusions.
Pre-listing Services/For Sale By Owner
Since 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. 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 home will attract many interested buyers. It gives you something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's price, not just you saying how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to an experienced appraiser's value estimation than yours.
Need to cancel PMI?
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred way to cut expenses for homeowners. Once your mortgage loan is down below 80% of the value of your home, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. We are experts in helping folks just like you rid themselves of unwanted PMI insurance.
Challenge the county's assessment of your property
Your local tax assessor may have your home overvalued if your home not appreciating as much as other houses nearby. This means you're probably paying higher taxes than you should be paying. The earlier you take care of a matter 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 ADK Appraisal Services is your chief weapon when contesting your property tax assessment.
HELOC recently frozen?
If your property is in or near a declining area, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be inopportune from a cash flow point of view, and bad for your credit score since it may appear as though that credit line is maxed out. ADK Appraisal Services can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Do you need a seasoned appraiser to double-check your appraisal for verity, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. Or, if you need it immediately, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal report? We can help you with that Even though this is usually requested by banks, you may wish to use this service if you suspect mortgage fraud related to your home.