Attention homeowners in Beverly and Essex County: Need an appraisal?
The top seven reasons why MA homeowners need Tierney Appraisals:
Need help determining the value of your house in or near Beverly, MA?
We at Tierney Appraisals understand the special needs of a customer looking for appraisal services. Our usual business clients are used to the appraisal process and the standard "products" we deliver to them. But as a consumer,you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we report our conclusions.
Pre-listing Services/For Sale By Owner
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Tierney Appraisals, will be objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial 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's something tangible to show your buyer. An appraisal is an independent third party's opinion of your home's price -- not just you saying how much you think your home is worth. Potential buyers know that you have an emotional attachment to your home and will be more likely to give credibility to a professional appraiser's value assessment than yours.
Need to remove PMI?
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a preferred way to save money for homeowners. Once your mortgage loan amount is less than 80% of the value of your property, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are experts in helping folks just like you rid yourselves of unneeded PMI insurance.
Challenging property tax assessments
Your 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 homes nearby. This means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better. An appraisal report from Tierney Appraisals is your chief weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area -- even if your specific property has not declined in value. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow viewpoint. Tierney Appraisals can help you reinstate your home equity line of credit with an expert appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Would you wish a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you want a professional to double-check your appraisal for accuracy? Tierney Appraisals offers field reviews where we go out and check the subject and comps in question. Or, if you're in a rush, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal report? We can help you with that While typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your property.