Real estate appraisal services for homeowners in the city of Frisco and Collin County
Here are the top reasons Texas homeowners need Bain & Associates, Inc.:
Own a house in or near Frisco, Texas and need help determining the value of it?
At Bain & Associates, Inc., we understand the particular needs of a homeowner looking for appraisal services. While our usual 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 (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your house, it's often very hard to be objective about it. A professional appraiser is objective and will 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 selling price so your house will attract buyers. The appraisal is something concrete to show your buyer. It's an independent third party's opinion of your property's value, and not just you saying how much you think 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 an experienced appraiser's value assessment than yours.
PMI Removal Appraisals
PMI stands for Private Mortgage Insurance. A preferred money saver for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is down below 80% of the value of your house, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. Bain & Associates, Inc. is qualified in helping folks just like you rid yourselves of unwanted PMI insurance.
Challenging a property tax assessment
If you live in a region that is going down or is not appreciating as much as other houses close to yours, your local tax assessor may have your house overvalued. That only means you're paying 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. A professional appraisal from Bain & Associates, Inc. is your #1 weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
Your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow angle. Bain & Associates, Inc. can provide you with a professional appraisal that will help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?
Would you wish a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you want a seasoned expert to double-check your appraisal for accuracy? In a field review we'll go out and check the subject and comparables in question. If you need it 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.
We can also provide you with a a retrospective review of any appraisal report you may have had in the past. While usually requested by banks, you may need to utilize this service if you suspect mortgage fraud related to your property.