Appraisal services for Wilmington and Middlesex County homeowners
See the top 7 reasons MA homeowners need Scolastico Appraisals, LLC:
Do you own a home in or near Wilmington? Do you need help deciding the price of your real estate?
At Scolastico Appraisals, LLC, we understand the individual needs of a customer after appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
Pre-listing Services/For Sale By Owner (FSBO)
It's very hard to be objective about your house because of your emotional attachment to it. Professional appraisers, like the ones at Scolastico Appraisals, LLC, are objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract interested buyers, a professional appraisal is very important as a negotiating tool once you have an attainable buyer. It's something tangible to show your buyer. The appraisal is an independent third party's opinion of your house's price, not just you saying how much you think your house is worth. Potential buyers know you have an emotional attachment to your home and will be far more likely to give credibility to a seasoned appraiser's value opinion than yours.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred way to cut expenses 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 canceled from your loan, which will make your monthly payments go down. At Scolastico Appraisals, LLC, we're experienced in helping people just like you dismiss undesirable PMI insurance.
Challenging Middlesex county's assessment of your property
Lets say your house is not appreciating as much as other properties close to yours -- your local tax assessor may have your house overvalued. This means you're going to pay higher taxes than you should be paying. 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. When contesting your property tax assessment, getting an appraisal report from Scolastico Appraisals, LLC is your best weapon.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow standpoint. Scolastico Appraisals, LLC can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Have you just been handed a copy of your appraisal and you'd wish to have a veteran appraiser double-check it for preciseness or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps in question. If you're in a hurry, we'll provide you with a 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 with that too. Even though this is typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your home.