Attention homeowners in Ballentine and Richland County: Get an Appraisal today!
The top 7 reasons why South Carolina homeowners need Mitchell Real Estate Appraisals:
At Mitchell Real Estate Appraisals, we understand the particular needs of a consumer looking for appraisal services. Our typical business clients are used to the appraisal process and the usual "products" we deliver to them. As our valued client, we'll be sure you get extra guidance and explanations through the appraisal process to more fully understand what we do and how we report our conclusions.
Pre-listing Services/For Sale by Owner (FSBO)It's very hard to be objective about your house because you probably have an emotional attachment to it. Our professional appraisers at Mitchell Real Estate Appraisals are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much you think your home is worth. Interested 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.
Challenge a property tax assessmentIf you live in a local area that is declining or is not appreciating as much as other homes nearby, your local tax assessor may have your house overvalued. This only means you are paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An expert appraisal from Mitchell Real Estate Appraisals is your #1 weapon when contesting your property tax assessment.
Need to cancel PMI?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. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down 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. At Mitchell Real Estate Appraisals, we're experienced in helping customers just like you abolish undesirable PMI insurance.
Was your HELOC recently frozen?Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. This can be difficult and inconvenient from a cash flow standpoint, and destructive to your credit score since it may appear as though that credit line is maxed out. An expert appraisal from Mitchell Real Estate Appraisals can help you reinstate your HELOC.
Field and Desktop Appraisal Review ServicesHave you just been given a copy of your appraisal and you'd like to have an expert double-check it for efficiency or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? Mitchell Real Estate Appraisals offers field reviews where we go out and check the subject and comparables. If you're in a hurry, 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 a retrospective review of any appraisal report you may have had done before. Even though most review work is requested by lenders for quality control, homeowners suspecting they've been the victim of mortgage fraud are wise to invest in a second opinion.