Appraisal services for Woodbine and Montgomery County homeowners
See the top reasons Maryland homeowners order from Hancock Hollow Group:
At Hancock Hollow Group, we understand the individual needs of a homeowner after appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and accountants. As our client, we will provide you with extra guidance and explanations through the appraisal process to better understand what we do and how we present our conclusions.
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. The professional appraisers at Hancock Hollow Group will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. The appraisal is something concrete to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an experienced appraiser's value conclusion than yours.
Challenging Montgomery County's assessment of your propertyYour local tax assessor may have your home overvalued if you live in an area that is declining or not appreciating as much as other homes close to yours. This only means you are going to pay higher taxes than you should be paying. 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. A professional appraisal from Hancock Hollow Group is your number one weapon when challenging your property tax assessment.
Appraisals to remove PMIGetting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a fashionable way to cut expenses for homeowners. Once your mortgage loan is below 80% of the value of your home, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. Hancock Hollow Group is seasoned in helping homeowners just like you get rid of unwanted and unneeded PMI insurance.
HELOC recently frozen?If your property is near a declining area, your lender may just choose 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 unsuitable from a cash flow angle, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Hancock Hollow Group can help you reinstate your HELOC.
Field and Desktop Appraisal Review ServicesDo you need a seasoned appraiser to double-check your appraisal for accuracy, or do you need 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 comps in question. If you're in a hurry, 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 a retrospective review of any appraisal report you may have had in the past. While usually requested by banks, you may wish to employ this service if you suspect mortgage fraud related to your property.