Appraisal services for Lubbock and Lubbock County homeowners

Check out the top seven reasons TX homeowners need Appraisal Services:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge property tax assessments
  3. To reduce their monthly mortgage payment by removing PMI
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a TX divorce, when real estate needs to be divided
  7. Determine the true market value of property in question to settle an estate in Lubbock county or TX

Do you own a house in or near Lubbock? Do you need help deciding the price of your real estate?
Contact Appraisal Services.

At Appraisal Services, we understand the individual needs of a consumer in need of appraisal services. Our typical business clients are used to the appraisal process and the usual reporting formats. Being a regular person not in the real estate business that most likely doesn't see an appraisal on a regular basis,we will provide you with extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present our conclusions.

Pre-listing Services/For Sale By Owner (FSBO)

It's very hard to be objective about your own home because you probably have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your house will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have a potential buyer. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much you think your home is worth. Interested buyers assume you have an emotional attachment to your home and will be far more likely to give credibility to an accomplished appraiser's value assessment than yours.

Need to remove PMI?

A preferred way to cut expenses 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 is down 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. We are experienced in helping homeowners just like you get rid of undesirable PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your home overvalued if your house is not appreciating as much as other properties nearby. This means you are paying higher taxes than you should be paying. The quicker 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. An appraisal report from Appraisal Services is your #1 weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

If your property is near a declining area, your lender might 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 be detrimental to your credit score since it may appear as though that credit line is maxed out, and also annoying from a cash flow point of view. Appraisal Services can help you reinstate your home equity line of credit with an expert appraisal.

Need Field and Desktop Appraisal Review Services?

Have you just accepted a copy of your appraisal and you'd wish to have an expert double-check it 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.

Do you need a retrospective review of an appraisal report? Appraisal Services can help with that too. Even though this is typically requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your home.