Attention homeowners in Spring and Harris County: Need an appraisal?

Here are the top seven reasons why TX homeowners use Compass Appraisal Group:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. Challenge a property tax assessment
  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 TX divorce, where real estate needs to be divided
  7. To determine the true market value of real estate in question to settle an estate

Do you own a home in or near Spring? Do you need help deciding the price of your real estate?
Contact Compass Appraisal Group.

We at Compass Appraisal Group understand the special needs of a homeowner after appraisal services. Our typical business clients understand the appraisal process and the customary documents we provide. Being a regular person not in the real estate business that probably doesn't look at appraisals on a regular basis,you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we present our conclusions.

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

Since you have an emotional attachment to your home, it's often very hard to be objective about it. Professional appraisers, like the ones at Compass Appraisal Group, are objective. We'll 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 an attainable buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It's something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's value, not just how much you think your home is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value assessment than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a popular money saver for homeowners. Once your mortgage loan amount is below 80% of the value of your house, 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. Compass Appraisal Group is veterans in helping customers just like you abolish unneeded PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your home overvalued if you live in a local area that's declining or not appreciating as much as other homes nearby. This only means you're paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an expert appraisal from Compass Appraisal Group is your strongest weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

If your property is 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 this be annoying from a cash flow standpoint, and negative on your credit score since it may appear as though that credit line is maxed out. Compass Appraisal Group can provide you with an expert appraisal that will help you reinstate your home equity line of credit.

Need Field and Desktop Appraisal Review Services?

Would you like a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want a veteran appraiser to double-check your appraisal for accuracy? In a field review we will go out and check the subject and comps. If you're in a hurry, we'll 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? Compass Appraisal Group can help with that too. While typically requested by banks, you may desire to use this service if you suspect mortgage fraud related to your house.