Attention homeowners in Valparaiso and Porter County: Get an Appraisal today!
The top 7 reasons IN homeowners hire Barrasas Real Estate Appraisals, LLC:
Do you own a house in or near Valparaiso? Do you need help determining the value of your real estate?
At Barrasas Real Estate Appraisals, LLC, we understand the unique needs of a customer looking for appraisal services. Our typical business clients get the appraisal process and the standard reporting formats. Being a regular homeowner that most likely doesn't see an appraisal on a regular basis,we will give you extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document our conclusions.
Pre-listing Services/For Sale By Owner
It's very hard to be objective about your own home because you most likely have an emotional attachment to it. The professional appraisers at Barrasas Real Estate Appraisals, LLC will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very important negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your house will attract buyers. The appraisal is something tangible to show your buyer. An appraisal is an independent third party's opinion of your house's price -- not just how much your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value estimation than yours.
Need to remove PMI?
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a fashionable money saver 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. Barrasas Real Estate Appraisals, LLC is seasoned in helping homeowners just like you do away with unnecessary PMI insurance.
Challenge property tax assessments
Lets say your home is not appreciating as much as other houses close by -- your local tax assessor may have your home overvalued. This only means you're going to pay higher taxes than you should be paying. The sooner you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal from Barrasas Real Estate Appraisals, LLC is your #1 weapon.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow viewpoint. Barrasas Real Estate Appraisals, LLC can provide you with efficient appraisal to help you reinstate your HELOC.
We Also Offer Field and Desktop Appraisal Review Services
Have you just been handed a copy of your appraisal and you would wish to have a professional double-check it for verity or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Barrasas Real Estate Appraisals, LLC can go out and check the subject and comparables in a field review. If you need it immediately, 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 you with a a retrospective review of any appraisal report you may have in your possession. While typically requested by banks, you may need to employ this service if you suspect mortgage fraud related to your property.