Real estate appraisal services for homeowners in the city of Livonia and Wayne County
See the top 7 reasons why MI homeowners call on MI Action Appraisal:
Do you own a house in or near Livonia? Do you need help deciding the price of your real estate?
We at MI Action Appraisal understand the unique needs of a consumer in need of appraisal services. Our usual business clients are used to the appraisal process and the customary "products" we deliver to them. As our client, we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.
For Sale By Owner/Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very important negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. It's 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 your home is worth. Interested buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to an experienced appraiser's value assessment than yours.
Appraisals to cancel PMI
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a preferred way to save money for homeowners. Your monthly payments will go down once your mortgage loan is below 80% of the value of your home. In most cases you can apply to the lender to have the PMI eliminated from your loan. At MI Action Appraisal, we're experts in helping consumers just like you get rid of unnecessary PMI insurance.
Challenge property tax assessments
Your local tax assessor may have your house overvalued if you live in an area that's declining. This means you're most likely paying higher taxes than you should be paying. The quicker 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. When challenging your property tax assessment, getting an appraisal from MI Action Appraisal is your best weapon.
Recently got a freeze your HELOC?
Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. This can this be unsuitable from a cash flow angle, and destructive to your credit score since it may appear as though that credit line is maxed out. MI Action Appraisal can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Would you like a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for verity? In a field review we'll go out and check the subject and comparables in question. Or, if you need it immediately, 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.
Do you need a retrospective review of an appraisal report? MI Action Appraisal can We can assist you. While usually requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your home.