Attention homeowners: Real estate appraisal services for in Bloomington and Monroe County

The top seven reasons IN homeowners call on Foley Appraisal, LLC:

Pre-listing appraisals (whether you're using an agent or selling the home on your own)
Challenge property tax assessments
To reduce a monthly mortgage payment by removing PMI
Reinstate their Home Equity Line of Credit (or HELOC)
Verify a different appraiser's report
If real estate property needs to be divided because of a divorce
To settle an estate in IN by determining the true market value of property in question

Own a house in or near Bloomington, IN and need help determining the value of it?
Contact Foley Appraisal, LLC.

At Foley Appraisal, LLC, we understand the unique needs of a consumer in need of appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your house because of your emotional attachment to it. Our professional appraisers at Foley Appraisal, LLC 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 price to sell at so your home will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value report than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. An attractive way to save money for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. We're seasoned in helping clients just like you dismiss unnecessary PMI insurance.

Challenging property tax assessments

If you live in a local area that is going down or is not appreciating as much as other houses nearby, your local tax assessor may have your home overvalued. This only means you're probably paying higher taxes than you should be paying. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Foley Appraisal, LLC 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 might choose to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can this be disadvantageous from a cash flow angle, and negative on your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Foley Appraisal, LLC can help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Have you just been given a copy of your appraisal and you would wish to have an expert double-check it for accuracy or do you need a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps. Or, if you need it immediately, we can provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal report? We can help with that too. While usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your property.