Attention homeowners in Sterling Heights and Macomb County: Need an appraisal?

The top reasons MI homeowners hire Salvatore & Associates Inc.:

To get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
To challenge a MI property tax assessment
To reduce their monthly mortgage payment by removing PMI
To reinstate their Home Equity Line of Credit (or HELOC)
To review another appraiser's report for verification
In the case of a MI divorce, where real estate property needs to be divided
To settle an estate in MI by determining the true market value of property in question

Do you own a home in or near Sterling Heights? Do you need help determining the value of your real estate?
Contact Salvatore & Associates Inc..

We at Salvatore & Associates Inc. understand the individual needs of a customer seeking appraisal services. Our customary business clients understand the appraisal process and the standard documents we provide. Being a homeowner that probably doesn't look at appraisals on a regular basis,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

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Professional appraisers, like the ones at Salvatore & Associates Inc., will be objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It gives you something concrete to show your buyer. It's an independent third party's opinion of your house's value, and not just you saying how much you think your home is worth. Potential buyers know you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value report than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. An attractive way to cut expenses for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is below 80% of the value of your property, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're seasoned in helping homeowners just like you dismiss undesirable PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your home overvalued if you live in a local area that is declining or is not appreciating as much as other properties close to yours. That means you're 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. Getting an appraisal report from Salvatore & Associates Inc. is your strongest 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 bad for your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow viewpoint. A professional appraisal from Salvatore & Associates Inc. can help you reinstate your HELOC.

We Provide Field and Desktop Appraisal Review Services

Would you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you need a seasoned professional to double-check your appraisal for precision? We can go out and check the subject and comparables in a field review. If you're in a hurry, we'll 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 report? Salvatore & Associates Inc. can We can assist you. While typically requested by banks, you may need to employ this service if you suspect mortgage fraud related to your home.