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Appraisal services for Columbus and Licking County homeowners
The top 7 reasons why Ohio homeowners need Mid-Ohio Appraisal Services:
- Pre-listing appraisals (whether they're selling the home themselves or using a real estate agent)
- Challenge property tax assessments
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Remove PMI to reduce your monthly mortgage payment
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Reinstate their Home Equity Line of Credit (or HELOC)
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To review another appraiser's report for verification
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If real estate property needs to be divided because of a divorce
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Settle an estate in Ohio by determining the true market value of real estate
At Mid-Ohio Appraisal Services, we understand the individual needs of a homeowner seeking appraisal services.
The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. But as a general consumer, you will receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document the results of our analysis.
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 Mid-Ohio Appraisal Services will tell you what you need to know -- not just what you want to hear. We are objective.
A professional appraisal is very valuable 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 tangible to show your buyer.
An appraisal is an independent third party's opinion of your house's value -- not just you saying how much your house is worth.
Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value estimation than yours.
Challenging Licking County's assessment of your property
Your local tax assessor may have your house overvalued if you live in an area that is declining.
This means you're most likely paying higher taxes than you should be paying.
Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better off you'll be.
When contesting your property tax assessment, getting an expert appraisal from Mid-Ohio Appraisal Services is your number one weapon.
Need to cancel PMI?
A preferred way to save money for homeowners is to get the PMI canceled 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 amount is down below 80% of the value of your home. In most cases you can apply to the lender to have the PMI removed from your loan.
Mid-Ohio Appraisal Services is seasoned in helping consumers just like you remove undesirable PMI insurance.
HELOC recently frozen?
If your home is close to a declining area, your lender may decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value.
This can be negative on your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow viewpoint.
An appraisal from Mid-Ohio Appraisal Services can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Have you just accepted a copy of your appraisal and you'd prefer to have a seasoned professional double-check it for precision or do you need a second opinion without the added cost and delay of waiting for a whole new appraisal?
In a field review we'll go out and check the subject and comps.
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.
Do you need a retrospective review of an appraisal? We can help with that too.
While typically requested by banks, you may desire to make use of this service if you suspect mortgage fraud related to your property.
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