Appraisal services for Salisbury and Rowan County homeowners

The top 7 reasons why NC homeowners use Thomas Residential/Commercial Appraisal Company, Inc.:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. To challenge a NC property tax assessment
  3. Remove PMI to reduce a mortgage payments
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Determine the true market value of property in question to settle an estate in Rowan county or NC

Do you own a house in or near Salisbury? Do you need help deciding the price of your real estate?
Contact Thomas Residential/Commercial Appraisal Company, Inc..

We at Thomas Residential/Commercial Appraisal Company, Inc. understand the special needs of a homeowner in need of appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For Sale By Owner/Pre-Listing Services

Since you have an emotional attachment to your own house, it's often very hard to be objective about 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 a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's price, not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value judgement than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. An attractive way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. Thomas Residential/Commercial Appraisal Company, Inc. is experienced in helping folks just like you remove unwanted and unneeded PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your house overvalued if you live in a local area that's going down or is not appreciating as much as other homes close to yours. This only means you're going to pay higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better. An expert appraisal from Thomas Residential/Commercial Appraisal Company, Inc. is your #1 weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Your lender just may decide 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 harmful to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow point of view. Thomas Residential/Commercial Appraisal Company, Inc. can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Do you need an expert to double-check your appraisal for efficiency, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables. Or, if you're in a hurry, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal you may have in your possession. Even though this is typically requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your property.