Need an appraisal in Elkins Park or Montgomery County?
Check out the top 7 reasons why Pennsylvania homeowners call on Hill Appraisal Associates, LLC:
Do you own a house in or near Elkins Park? Do you need help determining the value of your real estate?
We at Hill Appraisal Associates, LLC understand the special needs of a homeowner after appraisal services. Our usual business clients understand the appraisal process and the customary reporting formats. As our client, we'll be sure you get extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our conclusions.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at Hill Appraisal Associates, LLC are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic price to sell at so your property will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a potential buyer. It's something tangible to show your buyer. It's an independent third party's opinion of your house's price, and not just you saying how much your house is worth. Potential buyers assume you have an emotional attachment to your home and will be far more likely to give credibility to an experienced appraiser's value assessment than yours.
PMI Removal Appraisals
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred money saver for homeowners. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. At Hill Appraisal Associates, LLC, we're qualified in helping people just like you abolish unwanted PMI insurance.
Challenging a property tax assessment
If you live in a region that is going down or not appreciating as much as other homes nearby, your local tax assessor may have your house overvalued. That means you are paying more taxes than you should. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Hill Appraisal Associates, LLC is your best weapon when contesting your property tax assessment.
HELOC recently frozen?
If your property is in a declining area, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be unsuitable from a cash flow angle, but it can be bad for your credit score since it may appear as though that credit line is maxed out. A professional appraisal from Hill Appraisal Associates, LLC can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you need a professional to double-check your appraisal for preciseness? In a field review we'll go out and check the subject and comparables in question. If you're in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal? We can We can assist you While typically requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your home.