Attention homeowners: Real estate appraisal services for in Willoughby and Lake County

See the top reasons OH homeowners use Nicholas Villella Appraisals:

  1. Pre-listing appraisals (whether they're selling the home on their own or using an agent)
  2. Challenge property tax assessments
  3. To cut your mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate

Own a house in or near Willoughby, OH and need help determining the value of it?
Contact Nicholas Villella Appraisals.

At Nicholas Villella Appraisals, we understand the individual needs of a homeowner after appraisal services. Our usual business clients are used to the appraisal process and the customary "products" we deliver to them. But as a general consumer,we'll be sure you get extra guidance and explanations through the appraisal process to understand what we do and how we document our findings.

For Sale By Owner/Pre-Listing Services

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. The professional appraisers at Nicholas Villella Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very crucial as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. The appraisal is something concrete to show the buyer. An appraisal is an independent third party's opinion of your house's price -- not just you saying how much your house is worth. Potential buyers know you have an emotional attachment to your house and will be far more likely to give credibility to an expert appraiser's value judgement than yours.

Need to cancel PMI?

A preferred way to save money for homeowners is to get the PMI eliminated 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 house. In most cases you can apply to the lender to have the PMI eliminated from your loan. We're experts in helping folks just like you get rid of unneeded PMI insurance.

Challenging Lake county's assessment of your property

Your local tax assessor may have your home overvalued if you live in a region that's going down or not appreciating as much as other properties close by. That means you are paying more taxes than you should. The faster you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal report from Nicholas Villella Appraisals is your number one weapon.

HELOC recently frozen?

If your property is close to a declining area, your lender just may choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be inopportune from a cash flow standpoint, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Nicholas Villella Appraisals can help you reinstate your HELOC.

We Also Offer 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 need a seasoned professional to double-check your appraisal for precision? An appraiser from Nicholas Villella Appraisals can go out and check the subject and comparables in a field review. Or, if you need it ASAP, 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? Nicholas Villella Appraisals can help you with that. Even though this is usually requested by banks, you may want to employ this service if you suspect mortgage fraud related to your home.