At Independent Valuation Services, we understand the special needs of a homeowner in need of appraisal services.
Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and accountants. As our client, we will provide you with extra guidance and explanations through the appraisal process to more fully understand what we do and how we document the results of our analysis.
Pre-listing Services/For Sale by Owner (FSBO)
It's very hard to be objective about your own house because you probably have an emotional attachment to it.
Our professional appraisers at Independent Valuation Services are objective. We won't just tell you what you want to hear, we will tell you what you need to know.
In addition to helping you set a realistic selling price so your house will attract buyers, a professional appraisal is very important as a negotiating tool once you have an attainable buyer.
The appraisal is something tangible to show the buyer.
The appraisal is an independent third party's opinion of your home's market value, not just you saying how much you think your home is worth.
Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an accomplished appraiser's value report than yours.
Challenge a property tax assessment
Your local tax assessor may have your house overvalued if your home not appreciating as much as other properties close by.
That only means you're probably paying more taxes than you should.
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 appraisal report from Independent Valuation Services is your #1 weapon when contesting your property tax assessment.
Appraisals to remove PMI
A popular money saver 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".
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 removed from your loan, which will make your monthly payments go down.
We're seasoned in helping homeowners just like you dismiss unneeded and unwanted PMI insurance.
Was your HELOC recently frozen?
Your lender may decide 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.
Not only can this be troublesome from a cash flow point of view, but it can be damaging to your credit score since it may appear as though that credit line is maxed out.
Independent Valuation Services can provide you with a professional appraisal that will help you reinstate your home equity line of credit.
We Offer Field and Desktop Appraisal Review Services
Have you just gotten a copy of your appraisal and you would like to have a veteran appraiser double-check it for efficiency 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 comparables in question in a field review.
If you're 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.
Do you need a retrospective review of an appraisal? Independent Valuation Services can help you with that.
While usually requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your house.
Independent Valuation Services 2906 Center Rd SW Prior Lake, MN 55372-2305
