Attention homeowners in Troy and Oakland County: Need an appraisal?

The top 7 reasons MI homeowners order from Class Valuation:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. To cut your mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Verify another appraiser's report
  6. In the case of a MI divorce, when property needs to be divided
  7. Settle an estate in MI by determining the true market value of real estate in question

Own a house in or near Troy, MI and need help determining the price of it?
Contact Class Valuation.

At Class Valuation, we understand the individual needs of a customer seeking appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, lawyers, and accountants. As our client, you will receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present the results of our analysis.

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

It's very hard to be objective about your own house because of your 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. In addition to helping you set a realistic price to sell at so your property will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have an interested buyer. It's something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to a professional appraiser's value estimation than yours.

Need to remove PMI?

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a popular money saver for homeowners. Once your mortgage loan is less than 80% of the value of your property, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are qualified in helping homeowners just like you remove unneeded and unwanted PMI insurance.

Challenging a property tax assessment

Lets say your home is not appreciating as much as other homes nearby -- your local tax assessor may have your home 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 sooner you take care of things like this, the better off you'll be. An appraisal from Class Valuation is your number one weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Your lender just might choose 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. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow angle. Class Valuation can provide you with efficient appraisal that will help you reinstate your HELOC.

We Provide Field and Desktop Appraisal Review Services

Have you just gotten a copy of your appraisal and you'd wish to have a seasoned expert double-check it for verity or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Class Valuation can go out and check the subject and comparables in a field review. If you need it ASAP, we'll provide you with a 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? Class Valuation can help you with that. While usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your house.