Attention homeowners: Real estate appraisal services for in Panama City and Bay County
Check out the top 7 reasons why Florida homeowners need Giles Appraisal Group, Inc.:
Need help determining the value of your house in or near Panama City, Florida?
We at Giles Appraisal Group, Inc. understand the unique needs of a homeowner looking for appraisal services. Our typical business clients understand the appraisal process and the usual reporting formats. Being a regular person not in the real estate industry that probably doesn't see an appraisal on a regular basis,you will receive extra guidance and explanations through the appraisal process to understand what we do and how we report our findings.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your 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 selling price so your property will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have a likely buyer. The appraisal is something concrete to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much you think your house is worth. Interested buyers assume you have an emotional attachment to your home and will be far more likely to give credibility to a seasoned appraiser's value judgement than yours.
PMI Removal Appraisals
PMI stands for Private Mortgage Insurance. A popular way to save money for homeowners is getting the PMI removed 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 home. In most cases you can apply to your lender to have the PMI canceled from your loan. We are seasoned in helping people just like you rid themselves of unnecessary PMI insurance.
Challenging a property tax assessment
Lets say you live in a local area that is declining -- 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 sooner you take care of things like this, the better off you'll be. Getting an appraisal report from Giles Appraisal Group, Inc. is your #1 weapon when challenging your property tax assessment.
HELOC recently frozen?
If your property is in a declining area, your lender might 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 destructive to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow angle. Giles Appraisal Group, Inc. can provide you with efficient appraisal to help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire a professional to double-check your appraisal for verity? Giles Appraisal Group, Inc. offers field reviews where we'll go out and check the subject and comps. Or, if you need it in a rush, 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 you with a a retrospective review of any appraisal you may have had done before. Even though this is usually requested by banks, you may desire to make use of this service if you suspect mortgage fraud related to your house.