Real estate appraisal services for homeowners in the city of Dresher and Montgomery County
Here are the top 7 reasons Pennsylvania homeowners use Lewis S. Lerman Associates:
At Lewis S. Lerman Associates, we understand the unique needs of a homeowner in need of appraisal services. Our usual business clients are used to the appraisal process and the usual reporting formats. Being a regular person not in the real estate field that most likely doesn't see an appraisal on a regular basis, we'll be sure you get extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document our findings.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesIt's very hard to be objective about your house because you probably have an emotional attachment to it. Our professional appraisers at Lewis S. Lerman Associates are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is a crucial negotiating tool once you have an interested 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 tangible to show your buyer. It's an independent third party's opinion of your house's value, and not just you saying how much you think your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value opinion than yours.
Challenging Montgomery County's assessment of your propertyYour local tax assessor may have your house overvalued if you live in a region that's declining or not appreciating as much as other houses nearby. That only means you are paying more taxes than you should. The faster you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal from Lewis S. Lerman Associates is your strongest weapon when contesting your property tax assessment.
Need to remove PMI?Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred money saver for homeowners. Your monthly payments will go down once your mortgage loan is below 80% of the value of your house. In most cases you can apply to your lender to have the PMI removed from your loan. We are qualified in helping customers just like you rid yourselves of unneeded and unwanted PMI insurance.
Recently got a freeze to your HELOC?If your property is near a declining area, your lender 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 difficult and inconvenient from a cash flow angle, and damaging to your credit score since it may appear as though that credit line is maxed out. Lewis S. Lerman Associates can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?Would you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you need a seasoned appraiser to double-check your appraisal for accuracy? We can go out and check the subject and comps in question in a field review. Or, if you need it ASAP, 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? Lewis S. Lerman Associates can help you with that. Although most review work is requested by lenders, homeowners suspecting they've been the victim of mortgage fraud are prudent to get a second opinion.