Appraisal services for Redwood City and San Mateo County homeowners
See the top reasons California homeowners need McHugh Appraisal Service:
We at McHugh Appraisal Service understand the individual needs of a consumer in need of appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. As our non-traditional client, you can expect extra guidance and explanations through the appraisal process to better understand what we do and how we document the results of our analysis.
For Sale by Owner/Pre-Listing ServicesIt's very hard to be objective about your house because of your emotional attachment to it. The professional appraisers at McHugh Appraisal Service will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very important negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your home's value -- not just how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to an accomplished 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 going down. This only means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better. Getting a professional appraisal from McHugh Appraisal Service is your chief weapon when contesting your property tax assessment.
Appraisals to cancel PMIAn attractive way to cut expenses for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is down below 80% of the value of your property, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're veterans in helping people just like you abolish unnecessary PMI insurance.
Was your HELOC recently frozen?If your house is in or near a declining area, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be troublesome from a cash flow angle, and unfavorable to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from McHugh Appraisal Service can help you reinstate your HELOC.
Field and Desktop Appraisal Review ServicesDo you need an expert to double-check your appraisal for preciseness, or do you need a second opinion without the added cost and delay of waiting for a whole new appraisal? McHugh Appraisal Service 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.
Do you need a retrospective review of an appraisal? We can help with that too. Even though most review work is requested by lenders, homeowners suspecting they've been the victim of mortgage fraud are wise to get a second opinion.