Attention homeowners: Real estate appraisal services for in Durham and Durham County

Check out the top 7 reasons why NC homeowners hire Thomas & Associates:

Pre-listing appraisals (whether you're using an agent or selling the home on your own)
Challenge a property tax assessment
To cut a monthly mortgage payment by removing PMI
To reinstate your Home Equity Line of Credit (or HELOC)
To review a different appraiser's report for verification
In the case of a NC divorce, where real estate property needs to be divided
Settle an estate in NC by determining the true market value of property in question

Need help determining the price of your house in or near Durham, NC?
Contact Thomas & Associates.

At Thomas & Associates, we understand the individual needs of a consumer after appraisal services. Our usual business clients get the appraisal process and the usual "products" we deliver to them. As our client, we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we report the results of our analysis.

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. Our professional appraisers at Thomas & Associates are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic selling price so your home will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a potential buyer. It's something concrete to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think 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 assessment than yours.

Need to cancel PMI?

A preferred money saver for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is down below 80% of the value of your property, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. We are qualified in helping consumers just like you do away with unneeded and unwanted PMI insurance.

Challenge a property tax assessment

If you live in an area that is going down or not appreciating as much as other houses close by, your local tax assessor may have your home overvalued. That means you are most likely 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 a matter like this, the better off you'll be. Getting a professional appraisal from Thomas & Associates is your best weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. Not only can this be inconvenient from a cash flow standpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Thomas & Associates can help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Have you just received a copy of your appraisal and you'd like to have a seasoned appraiser double-check it for efficiency or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Thomas & Associates can go out and check the subject and comparables in question in a field review. If you're in a rush, 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.

Do you need a retrospective review of an appraisal? Thomas & Associates can help with that too. Even though this is usually requested by banks, you may need to take advantage of this service if you suspect mortgage fraud related to your property.