Attention homeowners in Ottawa Hills and Lucas County: Get an Appraisal today!

The top 7 reasons why OH homeowners call on Tim Hoover Appraisals:

  1. Get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. To challenge a OH property tax assessment
  3. To cut your mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. Settle an estate in OH by determining the true market value of real estate in question

Need help determining the value of your house in or near Ottawa Hills, OH?
Contact Tim Hoover Appraisals.

We at Tim Hoover Appraisals understand the special needs of a consumer after appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like banks, lawyers, and accountants. As our client, you will receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.

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

It's very hard to be objective about your own house because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Tim Hoover Appraisals, will be 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 price to sell at so your property will attract buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. It's something tangible to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just how much your house is worth. Interested buyers know that you have an emotional attachment to your house and will be much more likely to give credibility to an accomplished appraiser's value opinion than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. A preferred money saver for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is down below 80% of the value of your property, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. At Tim Hoover Appraisals, we're experts in helping customers just like you delete unwanted PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your house overvalued if you live in an area that is declining or is not appreciating as much as other properties nearby. This means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better. An appraisal from Tim Hoover Appraisals 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 may choose to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow standpoint. A professional appraisal from Tim Hoover Appraisals can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for verity, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. 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? Tim Hoover Appraisals can help you with that. While usually requested by banks, you may need to use this service if you suspect mortgage fraud related to your property.