Attention homeowners in Marblehead and Essex County: Need an appraisal?
The top seven reasons why Massachusetts homeowners hire Vaccari & Associates, Inc.:
We at Vaccari & Associates, Inc. understand the special needs of a homeowner in need of appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. Being a consumer that ordinarily doesn't look at appraisals every day, we will provide you with extra guidance and explanations through the appraisal process to better understand what we do and how we document our findings.
Pre-listing Services/For Sale by Owner (FSBO)Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Vaccari & Associates, Inc., will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. It's something concrete to show your buyer. It's an independent third party's opinion of your house's value, and not just how much you think your home is worth. Potential buyers assume you have an emotional attachment to your home and will be more likely to give credibility to a professional appraiser's value judgement than yours.
Challenge Tax AssessmentLet's say you live in a local area that is going down -- your local tax assessor may have your house overvalued. That means you are most likely paying more taxes than you should. The quicker 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. Getting an appraisal from Vaccari & Associates, Inc. is your #1 weapon when contesting your property tax assessment.
Appraisals to remove PMIPMI stands for Private Mortgage Insurance. A popular way to cut costs for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your property. In most cases you can apply to your lender to have the PMI removed from your loan. Vaccari & Associates, Inc. is seasoned in helping consumers just like you remove unneeded PMI insurance.
Was your HELOC recently frozen?If your house is in or near a declining area, your lender just 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 difficult and inconvenient from a cash flow viewpoint, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. Vaccari & Associates, Inc. can help you reinstate your home equity line of credit with a professional appraisal.
We Provide Field and Desktop Appraisal Review ServicesWould you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for efficiency? We can go out and check the subject and comparables in a field review. If you're in a rush, we'll provide desk review and verify as many facts as we can, using online data sources as well as our own files.
We can also provide a retrospective review of any appraisal you may have had in the past. Even though most appraisal reviews are commissioned by lenders for quality control, homeowners suspecting a prior appraisal wasn't above board are wise to get a second opinion.