Attention homeowners in Houston and Harris County: Need an appraisal?
Here are the top 7 reasons why TX homeowners order from Farrell Realty Advisors:
Own a house in or near Houston, TX and need help determining the price of it?
We at Farrell Realty Advisors understand the special needs of a consumer seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and accountants. But as a consumer,you can expect extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report the results of our analysis.
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. The professional appraisers at Farrell Realty Advisors will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your property will attract buyers. It gives you something tangible to show the buyer. It's an independent third party's opinion of your house's price, and not just you saying how much your home is worth. Interested buyers assume 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
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular money saver for homeowners. Once your mortgage loan is below 80% of the value of your home, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're seasoned in helping clients just like you rid yourselves of unneeded and unwanted PMI insurance.
Challenge property tax assessments
Lets say you live in a region that is going down -- your local tax assessor may have your home overvalued. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better. An appraisal from Farrell Realty Advisors is your number one weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
Even if your specific property has not declined in value, your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow point of view. An efficient appraisal from Farrell Realty Advisors can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Do you need a seasoned appraiser to double-check your appraisal for preciseness, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables 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? Farrell Realty Advisors can We can assist you. While typically requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your home.