Appraisal services for Chesterfield and Macomb County homeowners

Here are the top 7 reasons why MI homeowners use Residential Appraisal llc:

  1. To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. Challenge property tax assessments
  3. Remove PMI to lower a monthly mortgage payment
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. In the case of a MI divorce, when real estate needs to be divided
  7. To settle an estate in MI by determining the true market value of property in question

Own a home in or near Chesterfield, MI and need help determining the price of it?
Contact Residential Appraisal llc.

At Residential Appraisal llc, we understand the unique needs of a consumer looking for appraisal services. Our usual business clients understand the appraisal process and the standard reporting formats. Being a consumer that most likely doesn't look at appraisals every day,we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we present our conclusions.

Pre-listing Services/For Sale By Owner (FSBO)

Since you have an emotional attachment to your home, it's often very hard to be objective about it. The professional appraisers at Residential 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 price to sell at so your house will attract interested buyers, a professional appraisal is a crucial negotiating tool once you have an interested buyer. The appraisal is something tangible to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an experienced appraiser's value assessment than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive 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 house. In most cases you can apply to a lender to have the PMI removed from your loan. Residential Appraisal llc is veterans in helping folks just like you abolish unneeded PMI insurance.

Challenging a property tax assessment

Lets say you live in a local area that's declining -- your local tax assessor may have your home overvalued. That means you are going to pay more taxes than you should. 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 Residential Appraisal llc is your number one weapon.

HELOC recently frozen?

If your home is in or near a declining area, your lender might choose 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 unsuitable from a cash flow viewpoint, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Residential Appraisal llc can help you reinstate your HELOC.

We Also Provide Field and Desktop Appraisal Review Services

Have you just been given a copy of your appraisal and you'd prefer to have a seasoned professional double-check it for preciseness or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. If you need it ASAP, 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.

Do you need a retrospective review of an appraisal report? Residential Appraisal llc can help with that too. Even though this is typically requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your house.