Attention homeowners in Eclectic and Elmore County: Need an appraisal?

Here are the top 7 reasons why AL homeowners need Lake Martin Appraisals, LLC:

  1. To get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. To lower your mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate in Elmore county or AL

Own a home in or near Eclectic, AL and need help deciding the value of it?
Contact Lake Martin Appraisals, LLC.

We at Lake Martin Appraisals, LLC understand the special needs of a homeowner after appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, attorneys, and CPAs. As our client, you will receive 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 Services

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at Lake Martin Appraisals, LLC are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic selling price so your house will attract interested buyers, a professional appraisal is a crucial negotiating tool once you have a likely buyer. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much your house is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value judgement than yours.

PMI Removal Appraisals

A preferred way to cut expenses for homeowners is getting 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 below 80% of the value of your property. In most cases you can apply to the lender to have the PMI removed from your loan. At Lake Martin Appraisals, LLC, we're seasoned in helping homeowners just like you abolish unneeded and unwanted PMI insurance.

Challenge Tax Assessment

Lets say you live in an area that's going down -- your local tax assessor may have your home overvalued. That means you're going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better off you'll be. Getting a professional appraisal from Lake Martin Appraisals, LLC is your best weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

If your home is close to 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 this be unsuitable from a cash flow standpoint, and bad for your credit score since it may appear as though that credit line is maxed out. Lake Martin Appraisals, LLC can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for accuracy, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from Lake Martin Appraisals, LLC can go out and check the subject and comparables in question 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? Lake Martin Appraisals, LLC can help you with that. While typically requested by banks, you may desire to use this service if you suspect mortgage fraud related to your property.