Attention homeowners in Birmingham and Jefferson County: Get an Appraisal today!
Check out the top seven reasons Alabama homeowners need Southern Appraisal, LLC:
We at Southern Appraisal, LLC understand the unique needs of a homeowner after appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, lawyers, and CPAs. Being a regular person not in the real estate business that most likely doesn't look at appraisals on a regular basis, you will receive extra guidance and explanations through the appraisal process to more fully 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 house, it's often very hard to be objective about it. The professional appraisers at Southern Appraisal, LLC 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 buyers, a professional appraisal is very crucial as a negotiating tool once you have a likely buyer. It gives you something tangible to show the buyer. It's an independent third party's opinion of your property's value, and not just how much you think your house is worth. Interested buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to a seasoned appraiser's value assessment than yours.
Challenge a property tax assessmentYour local tax assessor may have your house overvalued if you live in an area that is going down. This only means you're paying higher taxes than you should be paying. The earlier 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. When contesting your property tax assessment, getting an appraisal from Southern Appraisal, LLC is your perfect weapon.
Need to remove PMI?Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular way to save money for homeowners. Your monthly payments will go down once your mortgage loan is less than 80% of the value of your property. In most cases you can apply to your lender to have the PMI eliminated from your loan. We're experts in helping homeowners just like you rid yourselves of unwanted and unneeded PMI insurance.
Recently got a freeze to your HELOC?Your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area -- even if your specific property has not declined in value. Not only can this be inopportune from a cash flow point of view, but it can be destructive to your credit score since it may appear as though that credit line is maxed out. Southern Appraisal, LLC can provide you with a professional appraisal that will help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review ServicesWould you wish a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you want an expert to double-check your appraisal for accuracy? We can go out and check the subject and comps in question in a field review. If you need it immediately, 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 report you may have had done before. While usually requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your home.