Attention homeowners in Plainfield and Kendall County: Need an appraisal?
Here are the top 7 reasons why Illinois homeowners call on New Phase Appraisal:
We at New Phase Appraisal understand the unique needs of a homeowner after appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
Pre-listing Services/For Sale by Owner (FSBO)Since you have an emotional attachment to your own home, it's often very hard to be objective about it. The professional appraisers at New Phase Appraisal will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your house will attract many interested buyers. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's market value, not just you saying how much your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value report than yours.
Challenging Kendall County's assessment of your propertyIf you live in a region that is declining or not appreciating as much as other houses close to yours, your local tax assessor may have your house overvalued. That means you are most likely paying more taxes than you should. The faster 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. An appraisal report from New Phase Appraisal is your best weapon when challenging your property tax assessment.
Need to remove PMI?Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive way to cut expenses 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. We are experienced in helping folks just like you do away with unneeded and unwanted PMI insurance.
HELOC recently frozen?Even if your specific property has not declined in value, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. Not only can this be inconvenient from a cash flow standpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. New Phase Appraisal can provide you with a professional appraisal to help you reinstate your home equity line of credit.
Field and Desktop Appraisal Review ServicesHave you just been given a copy of your appraisal and you'd prefer to have a veteran appraiser double-check it for efficiency or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. Or, if you need it ASAP, we can provide 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? We can assist you. While typically requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your home.