Attention homeowners in San Antonio and Bexar County: Get an Appraisal today!
The top seven reasons Texas homeowners need Ed Gray Associates:
At Ed Gray Associates, we understand the particular needs of a consumer looking for appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale by Owner (FSBO)/Pre-Listing ServicesIt's very hard to be objective about your house because you most likely have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very important negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your house will attract interested buyers. It gives you something tangible to show your buyer. It's an independent third party's opinion of your home's value, and not just how much your house is worth. Interested buyers assume that 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.
Challenge Bexar County's assessment of your propertyIf you live in an area that is declining or is not appreciating as much as other houses nearby, 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 faster you take care of things like this, the better. A professional appraisal from Ed Gray Associates is your strongest weapon when contesting your property tax assessment.
Appraisals to remove PMIA fashionable way to cut expenses for homeowners is to get 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 is down below 80% of the value of your home. In most cases you can apply to your lender to have the PMI removed from your loan. We are experienced in helping consumers just like you do away with unwanted and unneeded PMI insurance.
Recently got a freeze to your HELOC?If your property is in or near a declining area, your lender might just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be unsuitable from a cash flow point of view, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. Ed Gray Associates can help you reinstate your home equity line of credit with an expert appraisal.
We 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 want a seasoned appraiser to double-check your appraisal for efficiency? Ed Gray Associates offers field reviews where we go out and check the subject and comparables. If you need it in a rush, 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.
We can also provide you with a retrospective review of any appraisal you may have had done before. Although most review work is commissioned by lenders, homeowners that have reason to believe they've been the victim of mortgage fraud are prudent to get a second opinion.