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Need an appraisal in Winston-Salem or Forsyth County?
See the top 7 reasons North Carolina homeowners need Davidson & Associates:
- To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
- Challenge Forsyth County's assessment of your property
- To reduce their monthly mortgage payment by removing PMI
- Reinstate their Home Equity Line of Credit (or HELOC)
- Review another appraiser's report for verification
- In the case of a divorce in the state of North Carolina, when property needs to be divided
- To determine the true market value of a property to settle an estate in Forsyth County or the state of North Carolina
At Davidson & Associates, we understand the special needs of a homeowner after appraisal services. Our usual business clients are used to the appraisal process and the usual documents we provide. But as a consumer, we'll be sure you get extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our conclusions.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesSince you have an emotional attachment to your home, 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 very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract buyers. It gives you 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 your home 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 conclusion than yours.
Challenge Forsyth County's assessment of your propertyLet's say your house is not appreciating as much as other homes close to yours -- your local tax assessor may have your house overvalued. That means you're most likely paying more taxes than you should. The earlier you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. A professional appraisal from Davidson & Associates is your strongest weapon when contesting your property tax assessment.
Need to remove PMI?PMI stands for Private Mortgage Insurance. A preferred way to save money for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your home. In most cases you can apply to your lender to have the PMI canceled from your loan. At Davidson & Associates, we're experienced in helping people just like you dismiss unnecessary PMI insurance.
Recently got a freeze to your HELOC?If your home is close to a declining area, your lender may just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be inopportune from a cash flow viewpoint, and bad for your credit score since it may appear as though that credit line is maxed out. Davidson & Associates can help you reinstate your home equity line of credit with an expert appraisal.
We Offer Field and Desktop Appraisal Review ServicesWould you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for preciseness? Davidson & Associates offers field reviews where we'll go out and check the subject and comps. Or, if you're in a hurry, 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 retrospective review of any appraisal you may have had in the past. While usually requested by banks, you may desire to make use of this service if you suspect mortgage fraud related to your home.
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