Attention homeowners in Sarasota and Sarasota County: Need an appraisal?

See the top seven reasons why FL homeowners call on Payne Appraisals:

  1. Find the right listing price (whether they're selling the home themselves or using an agent)
  2. To challenge a FL property tax assessment
  3. Remove PMI to cut their mortgage payment
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. In the case of a FL divorce, when real estate property needs to be divided
  7. Determine the true market value of real estate in question to settle an estate

Do you own a house in or near Sarasota? Do you need help deciding the value of your real estate?
Contact Payne Appraisals.

At Payne Appraisals, we understand the special needs of a homeowner seeking appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer 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 (FSBO)/Pre-Listing Services

It's very hard to be objective about your own house because you probably have an emotional attachment to it. Our professional appraisers at Payne Appraisals are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is very valuable as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. It gives you something concrete 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. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value assessment than yours.

Need to cancel PMI?

PMI stands for Private Mortgage Insurance. A fashionable way to save money for homeowners is getting the PMI eliminated 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 removed from your loan, which will make your monthly payments go down. Payne Appraisals is experts in helping folks just like you get rid of undesirable PMI insurance.

Challenge a property tax assessment

Lets say you live in a region that's declining -- your local tax assessor may have your house overvalued. This only means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better. Getting an expert appraisal from Payne Appraisals is your chief weapon when challenging 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 house is in or near a declining area -- even if your specific property has not declined in value. This can this be inopportune from a cash flow point of view, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Payne Appraisals can provide you with efficient appraisal to help you reinstate your home equity line of credit.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you desire an expert to double-check your appraisal for preciseness? In a field review we'll go out and check the subject and comps. Or, if you're 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.

Do you need a retrospective review of an appraisal? Payne Appraisals can help you with that. While usually requested by banks, you may need to employ this service if you suspect mortgage fraud related to your home.