Need an appraisal in Traverse City or Grand Traverse County?

The top seven reasons why MI homeowners need Advanced Appraisal:

Find the right listing price (whether they're selling the home on their own or using an agent)
To challenge a MI property tax assessment
To cut a monthly mortgage payment by removing PMI
To reinstate their Home Equity Line of Credit (or HELOC)
Verify a different appraiser's report
If real estate property needs to be divided because of a divorce
To settle an estate in MI by determining the true market value of real estate in question

Do you own a house in or near Traverse City? Do you need help deciding the value of your real estate?
Contact Advanced Appraisal.

At Advanced Appraisal, we understand the particular needs of a customer looking for appraisal services. Our customary business clients understand the appraisal process and the standard documents we provide. As our non-traditionalclient, we will provide you with extra guidance and explanations through the appraisal process to more fully understand what we do and how we report our findings.

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

It's very hard to be objective about your own house because you most likely have an emotional attachment to 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 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 house will attract buyers. It gives you something tangible to show the buyer. The appraisal is an independent third party's opinion of your property's price, not just you saying how much you think your home is worth. Potential buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to a seasoned appraiser's value judgement than yours.

Need to cancel PMI?

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive way to save money for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your property. In most cases you can apply to a lender to have the PMI canceled from your loan. We are seasoned in helping clients just like you rid yourselves of unneeded PMI insurance.

Challenging a property tax assessment

Lets say your house is not appreciating as much as other homes close by -- your local tax assessor may have your house overvalued. That only means you are probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. An expert appraisal from Advanced Appraisal is your chief weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

If your house is close to a declining area, your lender just may 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 be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also annoying from a cash flow standpoint. Advanced Appraisal can provide you with an expert appraisal that will help you reinstate your home equity line of credit.

We Provide Field and Desktop Appraisal Review Services

Have you just received a copy of your appraisal and you would like to have a seasoned expert double-check it for efficiency or do you need a second opinion without the cost and delay of waiting for a whole new appraisal? An appraiser from Advanced Appraisal can go out and check the subject and comps in a field review. Or, if you need it in a rush, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal? We can We can assist you Even though this is usually requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your home.