Real estate appraisal services for homeowners in the city of Madison and Dane County
The top 7 reasons WI homeowners hire Martin Appraisal Services:
Do you own a house in or near Madison? Do you need help deciding the value of your real estate?
We at Martin Appraisal Services understand the special needs of a homeowner seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. As our client, we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
Since you have an emotional attachment to your home, it's often very hard to be objective about it. Our professional appraisers at Martin Appraisal Services are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your property will attract interested buyers. It gives you something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think your house is worth. Interested buyers know that you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser's value estimation than yours.
Appraisals to remove PMI
A popular way to save money for homeowners is getting 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 is 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. At Martin Appraisal Services, we're experts in helping folks just like you delete unneeded and unwanted PMI insurance.
Challenging Dane county's assessment of your property
Your local tax assessor may have your home overvalued if your house not appreciating as much as other houses close by. That only means you're going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better. Getting an expert appraisal from Martin Appraisal Services 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 might make the decision to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can this be inopportune from a cash flow standpoint, and harmful to your credit score since it may appear as though that credit line is maxed out. An expert appraisal from Martin Appraisal Services can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Do you need a veteran appraiser to double-check your appraisal for verity, or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables in question. 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.
We can also provide you with a a retrospective review of any appraisal report you may have had in the past. Even though this is typically requested by banks, you may need to employ this service if you suspect mortgage fraud related to your property.