For Homeowners
Need an appraisal in Indianapolis or Johnson County?
See the top reasons IN homeowners order from Appraisal Source, Inc.:
- Pre-listing appraisals (whether they’re selling the home themselves or using an agent)
- To challenge a IN property tax assessment
- Remove PMI to lower their monthly mortgage payment
- Reinstate their Home Equity Line of Credit (or HELOC)
- Verify another appraiser’s report
- If property needs to be divided because of a divorce
- To settle an estate in IN by determining the true market value of property in question
Do you own a home in or near Indianapolis? Do you need help deciding the value of your real estate?
At Appraisal Source, Inc., we understand the individual needs of a consumer seeking appraisal services. Our typical business clients understand the appraisal process and the customary documents we provide. Being a person not in the real estate industry that ordinarily doesn’t look at appraisals on a regular basis,we’ll be sure you get extra guidance and explanations through the appraisal process to understand what we do and how we document the results of our analysis.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your home, it’s often very hard to be objective about it. The professional appraisers at Appraisal Source, 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 very valuable as a negotiating tool once you have an attainable buyer. It’s something tangible 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 know that you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser’s value conclusion than yours.
Need to remove PMI?
PMI stands for Private Mortgage Insurance. A preferred way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. At Appraisal Source, Inc., we’re qualified in helping people just like you dismiss undesirable PMI insurance.
Challenge Johnson county’s assessment of your property
If you live in a region that is going down or not appreciating as much as other properties close by, your local tax assessor may have your home overvalued. This means you’re going to pay higher taxes than you should be paying. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Appraisal Source, Inc. is your best weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
If your property is close to a declining area, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) – even if your specific property has not declined in value. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow point of view. Appraisal Source, Inc. can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you want an expert to double-check your appraisal for precision? An appraiser from Appraisal Source, Inc. can go out and check the subject and comps in a field review. If you need it immediately, we’ll 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 you with a a retrospective review of any appraisal you may have had in the past. While usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your home.
