Attention homeowners in Hot Springs and Garland County: Need an appraisal?
Here are the top seven reasons AR homeowners use Quast Appraisal Services:
Need help deciding the value of your house in or near Hot Springs, AR?
At Quast Appraisal Services, we understand the unique needs of a homeowner looking for appraisal services. Our usual business clients get the appraisal process and the customary documents we provide. But as a consumer,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 findings.
For Sale By Owner/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 price to sell at so your property will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. It's something tangible to show the buyer. It's an independent third party's opinion of your house's value, and not just you saying how much your house is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to an expert appraiser's value opinion than yours.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your house. In most cases you can apply to the lender to have the PMI eliminated from your loan. Quast Appraisal Services is experts in helping customers just like you dismiss unwanted PMI insurance.
Challenge Garland county's assessment of your property
If you live in a region that is declining or is not appreciating as much as other properties nearby, your local tax assessor may have your home overvalued. This means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. When challenging your property tax assessment, getting an appraisal from Quast Appraisal Services is your chief weapon.
Recently got a freeze your HELOC?
If your property is in a declining area, your lender just might choose 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 difficult from a cash flow viewpoint, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Quast Appraisal Services can provide you with a professional appraisal that will help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Have you just been given a copy of your appraisal and you'd like to have an expert double-check it for preciseness or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps in question. If you need it immediately, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal report? Quast Appraisal Services can help with that too. Even though this is typically requested by banks, you may need to utilize this service if you suspect mortgage fraud related to your home.