Attention homeowners: Real estate appraisal services for in Holly Springs and Wake County

The top 7 reasons NC homeowners call on Hughes and Associates:

  1. Find the right listing price (whether they're selling the home themselves or using an agent)
  2. To challenge a NC property tax assessment
  3. Remove PMI to cut your mortgage payment
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. Verify a different appraiser's report
  6. If property needs to be divided because of a divorce
  7. To determine the true market value of real estate in question to settle an estate in Wake County or the state of NC

Do you own a home in or near Holly Springs? Do you need help determining the value of your real estate?
Contact Hughes and Associates.

We at Hughes and Associates understand the individual needs of a homeowner seeking appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of 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. Professional appraisers, like the ones at Hughes and Associates, are objective. We will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much your home is worth. Interested buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value estimation than yours.

Appraisals to remove PMI

A preferred way to save money for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. Hughes and Associates is veterans in helping people just like you remove unwanted PMI insurance.

Challenge Tax Assessment

Lets say you live in a region that is going down -- your local tax assessor may have your house overvalued. This only means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. Getting a professional appraisal from Hughes and Associates is your strongest weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is near 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 viewpoint. Hughes and Associates can help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Have you just accepted a copy of your appraisal and you would wish to have a seasoned appraiser double-check it for efficiency or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. If you're in a hurry, 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.

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