Need an appraisal in Lutherville Timonium or Baltimore County?

Here are the top seven reasons MD homeowners order from The Preferred Appraisal Group:

  1. Pre-listing appraisals (whether you're using an agent or selling the home on your own)
  2. Challenge Baltimore county's assessment of your propertyvalue
  3. To cut your monthly mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. To review a different appraiser's report for verification
  6. In the case of a MD divorce, where real estate needs to be divided
  7. Settle an estate in MD by determining the true market value of property in question

Do you own a home in or near Lutherville Timonium? Do you need help deciding the price of your real estate?
Contact The Preferred Appraisal Group.

We at The Preferred Appraisal Group understand the special needs of a customer in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. As our client, we will give you extra guidance and explanations through the appraisal process to understand what we do and how we present our conclusions.

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

Since you have an emotional attachment to your home, it's often very hard to be objective about 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 very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your house will attract many interested buyers. It gives you something concrete to show your buyer. It's an independent third party's opinion of your house's price, and not just how much your house is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to a seasoned appraiser's value judgement than yours.

Appraisals to remove PMI

An attractive way to save money 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 amount is less than 80% of the value of your property, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. At The Preferred Appraisal Group, we're experienced in helping homeowners just like you delete unwanted PMI insurance.

Challenge Tax Assessment

Lets say your home is not appreciating as much as other homes close to yours -- your local tax assessor may have your house overvalued. That only means you're probably paying more taxes than you should. 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 The Preferred Appraisal Group is your best weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

If your house is near a declining area, your lender might just decide 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 troublesome from a cash flow point of view, but it can be destructive to your credit score since it may appear as though that credit line is maxed out. The Preferred Appraisal Group can help you reinstate your HELOC.

We Also Provide Field and Desktop Appraisal Review Services

Would you like a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you desire a professional to double-check your appraisal for precision? The Preferred Appraisal Group offers field reviews where we go out and check the subject and comps in question. If you're 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 a retrospective review of any appraisal report you may have in your possession. Even though this is typically requested by banks, you may wish to use this service if you suspect mortgage fraud related to your property.