Attention homeowners: Real estate appraisal services for New Castle, Kent and Sussex counties in Delaware and Chester and Delaware counties in Pennsylvania
Check out the top 7 reasons why homeowners need Schoch Appraisals LLC:
At Schoch Appraisals LLC, we understand the individual needs of a consumer after appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale by Owner (FSBO)/Pre-Listing ServicesIt's very hard to be objective about your home because you probably have an emotional attachment to it. Our professional appraisers at Schoch Appraisals LLC are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic selling price so your property will attract buyers, a professional appraisal is a crucial negotiating tool once you have an attainable buyer. It gives you something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much your house is worth. Interested buyers know you have an emotional attachment to your house and will be more likely to give credibility to an accomplished appraiser's value estimation than yours.
Challenging property tax assessmentsYour local tax assessor may have your house overvalued if you live in an area that is declining or is not appreciating as much as other properties nearby. This means you're 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. An appraisal report from Schoch Appraisals LLC is your strongest weapon when contesting your property tax assessment.
Appraisals to cancel PMIAn attractive money saver for homeowners is getting the PMI removed 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. Schoch Appraisals LLC is seasoned in helping clients just like you get rid of unneeded PMI insurance.
HELOC recently frozen?Your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. This can be unsuitable from a cash flow angle, and negative on your credit score since it may appear as though that credit line is maxed out. Schoch Appraisals LLC can provide you with efficient appraisal to help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review ServicesDo you need an expert to double-check your appraisal for precision, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. Or, if you're 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.
We can also provide a retrospective review of any appraisal you may have had in the past. While usually requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your property.