Appraisal services for Columbia and Boone County homeowners
Here are the top seven reasons Missouri homeowners call on M & B Appraisals, LLC:
We at M & B Appraisals, LLC understand the unique needs of a consumer after appraisal services. Our customary business clients get the appraisal process and the usual documents we provide. Being a regular consumer that most likely doesn't look at appraisals every day, we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we present our findings.
For Sale by Owner (FSBO)/Pre-Listing ServicesIt's very hard to be objective about your own home because you most likely have an emotional attachment to it. Our professional appraisers at M & B Appraisals, LLC are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very valuable 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. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your house's value, not just you saying how much you think your home is worth. Potential buyers know you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value report than yours.
Challenging property tax assessmentsLet's say you live in an area that is declining -- your local tax assessor may have your home overvalued. This only means you are going to pay higher taxes than you should be paying. The sooner you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal report from M & B Appraisals, LLC is your #1 weapon.
Need to remove PMI?PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is below 80% of the value of your property, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. At M & B Appraisals, LLC, we're experienced in helping customers just like you do away with unwanted PMI insurance.
HELOC recently frozen?If your house is in or near a declining area, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be inconvenient from a cash flow angle, but it can be negative on your credit score since it may appear as though that credit line is maxed out. M & B Appraisals, LLC can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?Would you wish a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you need a seasoned appraiser to double-check your appraisal for efficiency? M & B Appraisals, LLC offers field reviews where we'll go out and check the subject and comps. If you need it immediately, we'll provide 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? M & B Appraisals, LLC can help you with that. While typically requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your home.