Top reasons Texas homeowners need Reveille Real Estate Appraisal:
- Find the right listing price (whether you’re using a real estate agent or selling the home on your own)
- Challenge the County’s assessment of your property value
- Remove PMI to cut a monthly mortgage payment
- Reinstate their Home Equity Line of Credit (HELOC)
- To review a different appraiser’s report for verification
- In the case of a divorce in the state of Texas, where real estate property needs to be divided
- Determine the true market value of the property in question to settle an estate in Texas
We at Reveille Real Estate Appraisal understand the individual needs of a consumer seeking appraisal services. While our typical 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 Services
It’s very hard to be objective about your own home because you most likely have an emotional attachment to it. Our professional appraisers at Reveille Real Estate Appraisal are objective. We won’t just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic selling price so your property will attract interested buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. The appraisal is something concrete to show the buyer. It’s an independent third party’s opinion of your property’s value, and not just how much your house is worth. Potential buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to a seasoned appraiser’s value judgement than yours.
Let’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 probably paying higher taxes than you should be paying. The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period. An expert appraisal from Reveille Real Estate Appraisal is your best weapon when contesting your property tax assessment.
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a preferred way to cut expenses for homeowners. Once your mortgage loan is below 80% of the value of your property, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. We are experienced in helping people just like you remove unnecessary PMI insurance.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area. This can be negative on your credit score since it may appear as though that credit line is maxed out, and also annoying from a cash flow viewpoint. Reveille Real Estate Appraisal can help you reinstate your home equity line of credit with an expert appraisal.
We Provide Field and Desktop Appraisal Review Services
Have you just accepted a copy of your appraisal and you’d wish to have a seasoned expert double-check it for verity or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Reveille Real Estate Appraisal can go out and check the subject and comparables in a field review. If you need it in a rush, we’ll provide you with a 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 report? Reveille Real Estate Appraisal can help you with that. While typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your property.