Appraisal services for Pilot Point and Denton County homeowners

Here are the top 7 reasons why TX homeowners use Michael Hanks:

  1. Pre-listing appraisals (whether they're selling the home themselves or using an agent)
  2. Challenge a property tax assessment
  3. Remove PMI to reduce their monthly mortgage payment
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. In the case of a TX divorce, where real estate property needs to be divided
  7. Settle an estate in TX by determining the true market value of real estate in question

Do you own a home in or near Pilot Point? Do you need help determining the price of your real estate?
Contact Michael Hanks.

At Michael Hanks, we understand the individual needs of a customer looking for appraisal services. Our customary business clients are used to the appraisal process and the usual reporting formats. But as a consumer,you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.

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

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

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a fashionable way to save money for homeowners. Your monthly payments will go down once your mortgage loan is below 80% of the value of your house. In most cases you can apply to a lender to have the PMI removed from your loan. We're experts in helping consumers just like you remove unnecessary PMI insurance.

Challenging Denton county's assessment of your property

Your local tax assessor may have your house overvalued if you live in an area that is declining or not appreciating as much as other homes close by. That means you are most likely paying more taxes than you should. The faster you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an expert appraisal from Michael Hanks is your perfect weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender just may decide to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow standpoint. Michael Hanks can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just been given a copy of your appraisal and you would prefer to have a seasoned expert double-check it for efficiency or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? An appraiser from Michael Hanks can go out and check the subject and comps in question 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? Michael Hanks can help with that too. While typically requested by banks, you may want to employ this service if you suspect mortgage fraud related to your home.