Appraisal services for Northeastern Pennsylvania homeowners
The top 7 reasons Pennsylvania homeowners use Pocono Mountain Appraisal, Inc.:
At Pocono Mountain Appraisal, Inc., we understand the special needs of a consumer looking for appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. But as a consumer, we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.
For Sale by Owner (FSBO)/Pre-Listing ServicesSince you have an emotional attachment to your 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. In addition to helping you set a realistic price to sell at so your property will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer. It's something concrete to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much you think your house 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 a property tax assessmentIf you live in a local area that is declining or is not appreciating as much as other homes close by, your local tax assessor may have your home overvalued. 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 faster you take care of things like this, the better off you'll be. An appraisal report from Pocono Mountain Appraisal, Inc. is your number one tool when challenging your property tax assessment.
Need to cancel PMI?PMI stands for Private Mortgage Insurance. An attractive way to cut expenses for homeowners is to get the PMI canceled 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 house. In most cases you can apply to the lender to have the PMI removed from your loan. Pocono Mountain Appraisal, Inc. is qualified in helping consumers just like you abolish unneeded and unwanted PMI insurance.
HELOC recently frozen?If your property is close to a declining area, your lender might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be difficult and inconvenient from a cash flow point of view, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Pocono Mountain Appraisal, Inc. can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review ServicesHave you just gotten a copy of your appraisal and you would like to have a seasoned appraiser double-check it for verity or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. If you need it in a rush, we'll 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 retrospective review of any appraisal report you may have had done before. While typically requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your home.