Attention homeowners in Mobile and Mobile County: Need an appraisal?
See the top reasons Alabama homeowners hire Coastal Valuations:
We at Coastal Valuations understand the unique needs of a consumer after appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and accountants. Being a person not in the real estate industry that probably doesn't look at appraisals every day, you will receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we report our conclusions.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesIt's very hard to be objective about your house because you probably have an emotional attachment to it. The professional appraisers at Coastal Valuations will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your home will attract interested buyers, a professional appraisal is a very important negotiating tool once you have an interested buyer. The appraisal is something concrete to show your buyer. An 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 assume that you have an emotional attachment to your house and will be far more likely to give credibility to a professional appraiser's value opinion than yours.
Challenging Mobile County's assessment of your propertyYour local tax assessor may have your house overvalued if you live in a local area that's going down or is not appreciating as much as other houses nearby. This only means you're paying higher taxes than you should be paying. The sooner you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting a professional appraisal from Coastal Valuations is your number one weapon when challenging your property tax assessment.
PMI Removal AppraisalsPMI stands for Private Mortgage Insurance. A fashionable way to save money for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is less than 80% of the value of your house, 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. We are experts in helping people just like you delete unwanted PMI insurance.
Recently got a freeze to your HELOC?Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area -- even if your specific property has not declined in value. Not only can this be difficult from a cash flow viewpoint, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Coastal Valuations can help you reinstate your HELOC.
Field and Desktop Appraisal Review ServicesWould you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you desire a seasoned appraiser to double-check your appraisal for accuracy? In a field review we'll go out and check the subject and comps. Or, if you need it in a rush, we can 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 done before. While typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your property.