Attention homeowners in Troy and Oakland County: Get an Appraisal today!

Here are the top reasons MI homeowners call on Team Appraisal:

  1. Find the right listing price (whether they're selling the home themselves or using a real estate agent)
  2. Challenge Oakland county's assessment of your property
  3. To lower their mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Verify a different appraiser's report
  6. In the case of a MI divorce, when property needs to be divided
  7. Settle an estate in MI by determining the true market value of real estate in question

Do you own a house in or near Troy? Do you need help determining the price of your real estate?
Contact Team Appraisal.

We at Team Appraisal understand the particular needs of a homeowner after appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. Being a regular person not in the real estate field that ordinarily doesn't look at appraisals on a regular basis,we'll be sure you get extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.

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

It's very hard to be objective about your home because you probably have an emotional attachment to it. Professional appraisers, like the ones at Team Appraisal, will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract interested buyers. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much you think your house is worth. Interested buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value judgement than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a fashionable way to save money for homeowners. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your home. In most cases you can apply to your lender to have the PMI canceled from your loan. We're experienced in helping clients just like you do away with unwanted PMI insurance.

Challenging Oakland county's assessment of your property

Lets say you live in a local area that's going down -- your local tax assessor may have your house overvalued. That means you are most likely paying more taxes than you should. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal from Team Appraisal is your number one weapon.

Was your HELOC recently frozen?

Your lender might just make the decision 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. Not only can this be difficult from a cash flow standpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Team Appraisal can help you reinstate your home equity line of credit with efficient appraisal.

Need Field and Desktop Appraisal Review Services?

Have you just accepted a copy of your appraisal and you'd prefer to have a veteran appraiser double-check it for efficiency or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? Team Appraisal offers field reviews where we'll go out and check the subject and comps in question. Or, if you need it ASAP, 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 you with a a retrospective review of any appraisal report you may have in your possession. Even though this is typically requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your home.