Need an appraisal in St Louis or Saint Louis County?
The top seven reasons MO homeowners hire The August Group Inc.:
Own a house in or near St Louis, MO and need help determining the value of it?
We at The August Group Inc. understand the particular needs of a customer in need of appraisal services. Our typical business clients are used to the appraisal process and the standard reporting formats. As our valued client, we'll be sure you get extra guidance and explanations through the appraisal process to better 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 home, it's often very hard to be objective about 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 important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. The appraisal is something concrete to show the buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your house is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value report than yours.
PMI Removal Appraisals
An attractive way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". 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 canceled from your loan, which will make your monthly payments go down. We are veterans in helping customers just like you get rid of unwanted and unneeded PMI insurance.
Challenging property tax assessments
Your local tax assessor may have your home overvalued if you live in a region that's going down. This means you're probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. Getting a professional appraisal from The August Group Inc. is your best weapon when contesting your property tax assessment.
HELOC recently frozen?
Your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. Not only can this be annoying from a cash flow angle, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. The August Group Inc. can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Would you wish a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want a veteran appraiser to double-check your appraisal for precision? We can go out and check the subject and comparables in a field review. Or, if you're 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 a retrospective review of any appraisal you may have had done before. While typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your house.