Attention homeowners: Real estate appraisal services for in Leominster and Worcester County
Check out the top seven reasons why MA homeowners hire RHR Appraisals:
Own a home in or near Leominster, MA and need help deciding the price of it?
At RHR Appraisals, we understand the special needs of a customer after appraisal services. While our usual 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.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your home because you probably have an emotional attachment to it. The professional appraisers at RHR Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very crucial as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. The appraisal is something tangible to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much your house is worth. Interested buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to a qualified appraiser's value report than yours.
Need to cancel PMI?
A preferred way to save money 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". Once your mortgage loan is less than 80% of the value of your home, 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. We're veterans in helping customers just like you do away with undesirable PMI insurance.
Challenge Worcester county's assessment of your property
Your local tax assessor may have your home overvalued if you live in an area that is going down or is not appreciating as much as other homes nearby. This only means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. When contesting your property tax assessment, getting an appraisal report from RHR Appraisals is your strongest weapon.
Was your HELOC recently frozen?
Your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow standpoint. RHR Appraisals can help you reinstate your home equity line of credit with a professional appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Would you wish a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you need a seasoned appraiser to double-check your appraisal for preciseness? An appraiser from RHR Appraisals can go out and check the subject and comps in a field review. Or, if you need it immediately, we can 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 a retrospective review of any appraisal report you may have had in the past. Even though this is usually requested by banks, you may need to utilize this service if you suspect mortgage fraud related to your home.