Appraisal services for Medina and surrounding counties
The top seven reasons OH homeowners order from Velardo Appraisal Group:
Do you own a house in or near Brunswick or Strongsville? Do you need help deciding the value of your real estate?
At Velardo Appraisal Group, we understand the unique needs of a customer in need of appraisal services. Our usual business clients are used to the appraisal process and the customary reporting formats. As our non-traditional client, 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.
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. Our professional appraisers at Velardo Appraisal Group are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is very important as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers. It gives you something concrete to show your buyer. An appraisal is an independent third party's opinion of your home's value -- not just you saying how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to a qualified appraiser's value report than yours.
Appraisals to cancel PMI
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular way to cut costs for homeowners. Once your mortgage loan is below 80% of the value of your property, 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. At Velardo Appraisal Group, we're seasoned in helping customers just like you rid themselves of unnecessary PMI insurance.
Challenging Medina county's assessment of your property
Lets say your home is not appreciating as much as other houses nearby -- your local tax assessor may have your house overvalued. That means you're paying more taxes than you should. The sooner you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal from Velardo Appraisal Group is your strongest weapon when contesting your property tax assessment.
HELOC recently frozen?
If your property is in a declining area, your lender might just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be inopportune from a cash flow point of view, and destructive to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from Velardo Appraisal Group can help you reinstate your HELOC.
We Also Provide Past Appraisal Services
Need a retrospective review of an appraisal? We can We can assist you. Even though this is usually requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your home.