Appraisal services for Raleigh and Wake County homeowners
The top reasons NC homeowners use Morrision Singleton:
Need help determining the price of your home in or near Raleigh, NC?
We at Morrision Singleton understand the individual needs of a homeowner after appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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
Since you have an emotional attachment to your house, it's often very hard to be objective about it. Our professional appraisers at Morrision Singleton are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very crucial as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your property will attract buyers. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much your house 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 opinion than yours.
Need to cancel PMI?
A fashionable way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is less than 80% of the value of your house. In most cases you can apply to the lender to have the PMI canceled from your loan. Morrision Singleton is seasoned in helping homeowners just like you dismiss unneeded PMI insurance.
Challenging a property tax assessment
Lets say you live in an area that's declining -- your local tax assessor may have your home overvalued. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be. When challenging your property tax assessment, getting an appraisal report from Morrision Singleton is your best weapon.
Was your HELOC recently frozen?
If your home is in or near a declining area, your lender just might decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be unsuitable from a cash flow point of view, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Morrision Singleton can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Have you just gotten a copy of your appraisal and you would like to have a seasoned professional double-check it for accuracy or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. Or, if you need it 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 a retrospective review of any appraisal you may have had done before. Even though this is usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your home.