Real estate appraisal services for homeowners in the city of Houston and Harris County
Here are the top 7 reasons why TX homeowners order from EDI Appraisals, Inc.:
Do you own a home in or near Houston? Do you need help deciding the value of your real estate?
We at EDI Appraisals, Inc. understand the particular needs of a consumer in need of appraisal services. Our usual business clients are used to the appraisal process and the usual documents we provide. But as a consumer,you'll receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we document the results of our analysis.
Pre-listing Services/For Sale By Owner
It's very hard to be objective about your own house because you most likely have an emotional attachment to it. The professional appraisers at EDI Appraisals, Inc. 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 price to sell at so your property will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. It's something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much your house 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 expert appraiser's value assessment than yours.
PMI Removal Appraisals
PMI stands for Private Mortgage Insurance. A preferred 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 is less than 80% of the value of your home, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. EDI Appraisals, Inc. is qualified in helping people just like you delete unnecessary PMI insurance.
Challenge a property tax assessment
If you live in a local area that is declining or not appreciating as much as other properties nearby, your local tax assessor may have your house overvalued. This only means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better. Getting a professional appraisal from EDI Appraisals, Inc. is your number one weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
Even if your specific property has not declined in value, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. Not only can this be inopportune from a cash flow viewpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. EDI Appraisals, Inc. can provide you with a professional appraisal to help you reinstate your home equity line of credit.
We Also Offer Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you desire an expert to double-check your appraisal for accuracy? We can go out and check the subject and comps in a field review. Or, if you're in a rush, 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 you with a a retrospective review of any appraisal report you may have in your possession. Even though this is usually requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your house.