Need an appraisal in Windham or Cumberland County?
The top seven reasons Maine homeowners hire Foster Appraisal Services, LLC:
At Foster Appraisal Services, LLC, we understand the individual needs of a customer seeking appraisal services. Our usual business clients understand the appraisal process and the standard documents we provide. As our non-traditional client, you will receive extra guidance and explanations through the appraisal process to understand what we do and how we report our findings.
Pre-listing Services/For Sale by Owner (FSBO)It's very hard to be objective about your home because you probably have an emotional attachment to it. Our professional appraisers at Foster Appraisal Services, LLC are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very valuable as a 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 many interested buyers. It gives you something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's market value, not just how much your home is worth. Potential buyers know that you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value conclusion than yours.
Challenge a property tax assessmentYour local tax assessor may have your home overvalued if you live in a region that is declining. That only means you're paying more taxes than you should. The earlier you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal report from Foster Appraisal Services, LLC is your best weapon.
Appraisals to cancel PMIGetting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular way to save money for homeowners. Your monthly payments will go down once your mortgage loan is below 80% of the value of your house. In most cases you can apply to your lender to have the PMI removed from your loan. We're qualified in helping folks just like you dismiss undesirable PMI insurance.
Recently got a freeze to your HELOC?Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. Not only can this be annoying from a cash flow angle, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. Foster Appraisal Services, LLC can provide you with an expert appraisal that will help you reinstate your home equity line of credit.
We Also Provide Field and Desktop Appraisal Review ServicesWould you like a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you desire a seasoned professional to double-check your appraisal for efficiency? Foster Appraisal Services, LLC offers field reviews where we'll go out and check the subject and comparables in question. Or, if you need it 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 report you may have had done before. While typically requested by banks, you may want to use this service if you suspect mortgage fraud related to your property.