Attention homeowners in St Louis and Saint Louis County: Need an appraisal?
The top seven reasons MO homeowners call on The August Group Inc.:
Do you own a home in or near St Louis? Do you need help deciding the value of your real estate?
At The August Group Inc., we understand the particular needs of a consumer seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. Being a regular person not in the real estate business that probably doesn't see an appraisal every day,we'll be sure you get extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document our conclusions.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your house because you most likely have an emotional attachment to it. The professional appraisers at The August Group 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 home will attract buyers, a professional appraisal is a very important negotiating tool once you have a potential buyer. It's something concrete to show your buyer. It's an independent third party's opinion of your home's value, and not just you saying how much you think your home is worth. Potential buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to a qualified appraiser's value estimation than yours.
Appraisals to remove PMI
PMI stands for Private Mortgage Insurance. A fashionable way to save money for homeowners is to get 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 house, 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. At The August Group Inc., we're seasoned in helping consumers just like you abolish unwanted and unneeded PMI insurance.
Challenge Tax Assessment
Your local tax assessor may have your house overvalued if your home not appreciating as much as other homes nearby. This means you're probably paying higher taxes than you should be paying. 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. Getting an appraisal from The August Group Inc. is your best weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
If your home is near a declining area, your lender just may 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 troublesome from a cash flow standpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. The August Group Inc. can help you reinstate your home equity line of credit with an expert appraisal.
We Also Provide Field and Desktop Appraisal Review Services
Do you need an expert to double-check your appraisal for accuracy, or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from The August Group Inc. can go out and check the subject and comparables in question in a field review. Or, if you need it in a rush, we can 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 wish to exploit this service if you suspect mortgage fraud related to your home.