Attention homeowners: Real estate appraisal services for in Aurora and Dearborn County

The top 7 reasons why IN homeowners need Teresa White:

  1. Find the right listing price (whether they're selling the home themselves or using a real estate agent)
  2. Challenge property tax assessments
  3. Remove PMI to lower their mortgage payments
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. In the case of a IN divorce, when property needs to be divided
  7. To determine the true market value of real estate in question to settle an estate in Dearborn County or the state of IN

Do you own a house in or near Aurora? Do you need help determining the value of your real estate?
Contact Teresa White.

At Teresa White, we understand the particular needs of a homeowner in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and CPAs. As our non-traditionalclient, we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we report our conclusions.

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

It's very hard to be objective about your own house because you probably have an emotional attachment to it. Professional appraisers, like the ones at Teresa White, are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. It gives you something concrete to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value judgement than yours.

Appraisals to remove PMI

An attractive way to save money for homeowners is getting 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 home, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. Teresa White is qualified in helping folks just like you rid yourselves of unneeded PMI insurance.

Challenge Tax Assessment

Lets say you live in an area that's declining -- your local tax assessor may have your house overvalued. That only means you are paying more taxes than you should. The faster you take care of things like this, the better, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting a professional appraisal from Teresa White is your chief weapon.

HELOC recently frozen?

Your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area -- even if your specific property has not declined in value. Not only can this be difficult from a cash flow viewpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Teresa White can provide you with a professional appraisal that will help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Do you need a seasoned expert to double-check your appraisal for precision, or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. Or, if you're in a hurry, we can 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 a retrospective review of any appraisal report you may have in your possession. Even though this is usually requested by banks, you may want to employ this service if you suspect mortgage fraud related to your property.