Mortgage Loan/General Appraisal:
These are collateral assessments used for the lending industry. Our appraisals are available on all Fannie Mae/Freddie Mac forms and conform to their established guidelines. Additionally, our appraisal services adhere to all standard lending guidelines.
Home Equity Line:
If you are trying to refinance your home or take out a loan against your home, this appraisal service is for you.
Divorce Appraisal:
For most married couples, the real estate owned is their largest asset. And when it comes to dividing the asset share equally, it can get very complicated. Even if, you or your spouse wishes to retain the marital residence after the divorce, it is important that an accurate value is obtained for purposes of property division
PMI Removal:
The good news that many homeowners aren’t aware of is that you can remove private mortgage insurance (PMI) from your loan. In many cases, if you reach 20% equity in your home, you can get the PMI canceled.
Most lenders require a real estate appraisal by a state-certified appraiser as the primary proof required to cancel PMI insurance.
Tax Protest:
Your property tax bill is based on the assessment done by your local county. It’s normally referred to as “assessed value” In Texas, you have the ability to appeal and overturn the assessor’s property tax assessment.
Bail bonds:
Law enforcement has taken custody of your family member or friend, and you need to post bail. We know that it’s a stressful time for you. More importantly, time is of the essence—they shouldn’t have to spend any time in jail when there is no need to. Houston House Appraisal will assist homeowners in need of posting bail. An appraisal is usually required to determine collateral for a bail or immigration bond while your loved one is in custody. In these cases, you need to know the value of your home, and you need it fast.
Bankruptcy Appraisal:
For both Chapter 7 and Chapter 13 liquidations, an insolvency evaluation is essential for your real estate property. It’s fitting to have these valuations done by an organization with experience in chapter 11 evaluations since liquidation passes judgment on checking out the actual valuations as well as the hidden real examination from which the valuations are inferred. The examination should be faultless, simple to appreciate, and persuading. Makes Houston House Appraisal the right company to call to get your bankruptcy appraisal done.
Pre-Foreclosure:
Understanding fair market conditions and their fluctuations, professional appraisers can help to mitigate losses with accurate information. Foreclosure is the legal process by which a lender (the creditor) with a claim (lien) to your property attempts to collect on a debt owed by taking ownership and selling the property. Typically, the foreclosure process is triggered when a borrower misses a certain number of payments or fails to meet the terms of the agreed mortgage contract. The foreclosure process varies between states. There are two types of foreclosures judicial or non-judicial. However, some states have both options.