Attention homeowners in Wilmington and New Hanover County: Get an Appraisal today!
The top reasons North Carolina homeowners call on Corcoran Appraisal Group:
At Corcoran Appraisal Group, we understand the particular needs of a customer seeking appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale by Owner (FSBO)/Pre-Listing ServicesIt's very hard to be objective about your home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Corcoran Appraisal Group, are objective. We will tell you what you need to know, not just what you want to hear. 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 home will attract buyers. It gives you something concrete to show the buyer. The appraisal is an independent third party's opinion of your house's market value, not just how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value estimation than yours.
Challenge Tax AssessmentLet's say you live in a local area that's declining -- your local tax assessor may have your home overvalued. This only means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better. An appraisal from Corcoran Appraisal Group is your strongest weapon when contesting your property tax assessment.
Appraisals to cancel PMIGetting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan is less than 80% of the value of your property. In most cases you can apply to your lender to have the PMI eliminated from your loan. We're experienced in helping homeowners just like you rid yourselves of unneeded PMI insurance.
Was your HELOC recently frozen?Your lender may just choose to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. This can be inopportune from a cash flow angle, and damaging to your credit score since it may appear as though that credit line is maxed out. Corcoran Appraisal Group can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review ServicesDo you need a seasoned professional to double-check your appraisal for preciseness, or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Corcoran Appraisal Group can go out and check the subject and comps in question in a field review. Or, if you're in a hurry, we can 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 done before. Even though most review work is commissioned by lenders for quality control, homeowners suspecting a prior appraisal wasn't above board are wise to get a second opinion.