Attention homeowners in Moab and Grand County: Need an appraisal?
The top 7 reasons Utah homeowners use Moab Appraisal Inc.:
We at Moab Appraisal Inc. understand the individual needs of a homeowner looking for appraisal services. Our usual business clients get the appraisal process and the customary "products" we deliver to them. But as a general consumer, you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.
For Sale by Owner/Pre-Listing ServicesSince you have an emotional attachment to your own house, 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 very important as a negotiating tool once you have an attainable 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 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 know that you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value judgement than yours.
Challenging Grand County's assessment of your propertyLet's say your home is not appreciating as much as other homes nearby -- your local tax assessor may have your house overvalued. This means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better off you'll be. When contesting your property tax assessment, getting an appraisal from Moab Appraisal Inc. is your strongest weapon.
Appraisals to remove PMIA fashionable way to cut costs for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is below 80% of the value of your property. In most cases you can apply to your lender to have the PMI eliminated from your loan. Moab Appraisal Inc. is experienced in helping clients just like you delete unwanted PMI insurance.
Was your HELOC recently frozen?Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. This can be unsuitable from a cash flow viewpoint, and harmful to your credit score since it may appear as though that credit line is maxed out. Moab Appraisal Inc. can provide you with a professional appraisal to help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?Would you like a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you desire a professional to double-check your appraisal for efficiency? In a field review we will go out and check the subject and comparables. 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 in your possession. While typically requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your home.