Attention homeowners in St Louis and Saint Louis County: Need an appraisal?
Here are the top 7 reasons MO homeowners need The August Group Inc.:
Own a house in or near St Louis, MO and need help determining the price of it?
At The August Group Inc., we understand the special needs of a consumer after appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale By Owner/Pre-Listing Services
It's very hard to be objective about your home because of your emotional attachment to it. Professional appraisers, like the ones at The August Group Inc., will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very valuable as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's price, not just you saying how much your home is worth. Interested buyers know that you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value judgement than yours.
Appraisals to cancel PMI
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a popular money saver for homeowners. Your monthly payments will go down once your mortgage loan is below 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. At The August Group Inc., we're experts in helping folks just like you remove unwanted and unneeded PMI insurance.
Challenging a property tax assessment
Your local tax assessor may have your house overvalued if your home not appreciating as much as other homes nearby. That means you're most likely paying more taxes than you should. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An appraisal report from The August Group Inc. is your perfect weapon when challenging your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender might choose to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area. Not only can this be difficult from a cash flow viewpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. The August Group Inc. can help you reinstate your home equity line of credit with a professional appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Have you just received a copy of your appraisal and you would wish to have a seasoned professional double-check it for accuracy or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables in question. Or, if you need it in a rush, we can provide 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 report you may have had done before. While usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your house.