Real estate appraisal services for homeowners in the city of Aurora and Dearborn County
The top seven reasons IN homeowners use Advantage 1 Appraisals:
Need help deciding the value of your home in or near Aurora, IN?
We at Advantage 1 Appraisals understand the particular needs of a homeowner seeking appraisal services. Our regular business clients understand the appraisal process and the standard documents we provide. Being a person not in the real estate business that probably doesn't see an appraisal every day,we'll be sure you get extra guidance and explanations through the appraisal process to better understand what we do and how we document the results of our analysis.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Advantage 1 Appraisals, will be objective. We'll 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 interested buyers, a professional appraisal is a very important 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 house's value, and not just how much your house is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value report than yours.
Appraisals to cancel PMI
PMI stands for Private Mortgage Insurance. A popular money saver for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is below 80% of the value of your house, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Advantage 1 Appraisals is experienced in helping folks just like you abolish unnecessary PMI insurance.
Challenge property tax assessments
If you live in a local area that is going down or not appreciating as much as other houses nearby, your local tax assessor may have your home overvalued. That means you are probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be. When contesting your property tax assessment, getting an appraisal from Advantage 1 Appraisals is your strongest weapon.
Was your HELOC recently frozen?
If your property is near a declining area, your lender just may 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 be be harmful to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow viewpoint. Advantage 1 Appraisals can help you reinstate your home equity line of credit with a professional appraisal.
Field and Desktop Appraisal Review Services
Have you just accepted a copy of your appraisal and you'd like to have a seasoned professional double-check it for accuracy or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Advantage 1 Appraisals can go out and check the subject and comparables in a field review. Or, if you need it immediately, 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.
We can also provide a retrospective review of any appraisal you may have had in the past. Even though this is usually requested by banks, you may need to use this service if you suspect mortgage fraud related to your property.