Appraisal services for Painesville and Lake County homeowners
Check out the top 7 reasons Ohio homeowners call on Marlowe Appraisal & RE Inc.:
We at Marlowe Appraisal & RE Inc. understand the particular needs of a consumer after appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like banks, lawyers, and CPAs. As our client, you can expect 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 ServicesSince you have an emotional attachment to your home, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much you think your house is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a seasoned appraiser's value opinion than yours.
Challenge property tax assessmentsLet's say your home is not appreciating as much as other homes close to yours -- your local tax assessor may have your house overvalued. This 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 off you'll be. When challenging your property tax assessment, getting an appraisal from Marlowe Appraisal & RE Inc. is your strongest weapon.
Need to remove PMI?A fashionable money saver for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount 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. At Marlowe Appraisal & RE Inc., we're experienced in helping customers just like you abolish undesirable PMI insurance.
Was your HELOC recently frozen?Your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area -- even if your specific property has not declined in value. Not only can this be disadvantageous from a cash flow standpoint, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Marlowe Appraisal & RE Inc. can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review ServicesHave you just gotten a copy of your appraisal and you would like to have an expert double-check it for verity or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in question in a field review. If you need it ASAP, 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? We can assist you. Although most appraisal reviews are requested by lenders for quality control, homeowners that have reason to believe a prior appraisal wasn't above board are wise to invest in a second opinion.