Appraisal services for Fort Payne and De Kalb County homeowners
See the top 7 reasons Alabama homeowners hire Woods Appraisal, LLC:
We at Woods Appraisal, LLC understand the special needs of a consumer seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. But as a general consumer, you'll receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document our conclusions.
For Sale by Owner (FSBO)/Pre-Listing ServicesSince 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. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have an interested buyer. The appraisal is something concrete 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 home is worth. Potential buyers assume you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value judgement than yours.
Challenging De Kalb County's assessment of your propertyLet's say you live in a region that is going down -- your local tax assessor may have your home overvalued. That means you're 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 things like this, the better. Getting an appraisal from Woods Appraisal, LLC is your #1 weapon when challenging your property tax assessment.
Need to remove PMI?PMI stands for Private Mortgage Insurance. A popular way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. 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 canceled from your loan. We are qualified in helping folks just like you rid yourselves of unneeded and unwanted PMI insurance.
Recently got a freeze to your HELOC?If your property is close to a declining area, your lender might decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be detrimental to your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow standpoint. Woods Appraisal, LLC can help you reinstate your HELOC.
Field and Desktop Appraisal Review ServicesDo you need a seasoned appraiser to double-check your appraisal for efficiency, or do you need 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 comparables in a field review. If you're in a hurry, we'll provide desk review and verify as many facts as we can, using online data sources as well as our own files.
We can also provide you with a retrospective review of any appraisal you may have had in the past. Even though most review work is commissioned by lenders for quality control, homeowners suspecting a prior appraisal wasn't above board are prudent to get a second opinion.