Appraisal services for Paoli and Chester County homeowners

Here are the top seven reasons why PA homeowners hire Carmody & Associates:

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

Do you own a home in or near Paoli? Do you need help deciding the value of your real estate?
Contact Carmody & Associates.

We at Carmody & Associates understand the unique needs of a homeowner in need of appraisal services. Our customary business clients get the appraisal process and the standard documents we provide. As our client, you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we document our findings.

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

It's very hard to be objective about your own home because you most likely have an emotional attachment to it. Our professional appraisers at Carmody & Associates are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is very important as a negotiating tool once you have an attainable 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 your buyer. The appraisal is an independent third party's opinion of your property's value, not just you saying how much you think your house is worth. Potential buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to a seasoned appraiser's value estimation than yours.

Appraisals to cancel PMI

An attractive way to cut expenses for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". 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, which will make your monthly payments go down. We are qualified in helping consumers just like you dismiss unwanted PMI insurance.

Challenge Tax Assessment

If you live in a region that is declining or not appreciating as much as other properties nearby, your local tax assessor may have your house overvalued. This means you're most likely paying 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 things like this, the better off you'll be. An appraisal from Carmody & Associates is your #1 weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also annoying from a cash flow angle. A professional appraisal from Carmody & Associates can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you desire a seasoned expert to double-check your appraisal for verity? An appraiser from Carmody & Associates can go out and check the subject and comps in a field review. Or, if you need it in a rush, we can provide 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 report? Carmody & Associates can help with that too. Even though this is usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your house.