Real estate appraisal services for homeowners in the city of Austin and Travis County

The top 7 reasons TX homeowners use L. Ellis Appraisals Inc:

  1. To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. Challenge Travis county's assessment of your propertyworth
  3. To cut a monthly mortgage payment by removing PMI
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. In the case of a TX divorce, where property needs to be divided
  7. To determine the true market value of real estate in question to settle an estate

Do you own a home in or near Austin? Do you need help deciding the value of your real estate?
Contact L. Ellis Appraisals Inc.

We at L. Ellis Appraisals Inc understand the individual needs of a consumer after appraisal services. Our customary business clients get the appraisal process and the standard documents we provide. Being a regular homeowner that ordinarily doesn't look at appraisals every day,we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our conclusions.

For-Sale-By-Owner (FSBO) / 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 L. Ellis Appraisals Inc will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract interested buyers. The appraisal is something tangible to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much your home is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value judgement than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A fashionable money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is below 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. At L. Ellis Appraisals Inc, we're experienced in helping people just like you remove unnecessary PMI insurance.

Challenging a property tax assessment

Lets say your home is not appreciating as much as other homes close to yours -- your local tax assessor may have your home overvalued. This means you're probably 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 things like this, the better. When contesting your property tax assessment, getting an appraisal report from L. Ellis Appraisals Inc is your chief weapon.

Was your HELOC recently frozen?

If your home is near a declining area, your lender 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 viewpoint, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. L. Ellis Appraisals Inc can provide you with a professional appraisal that will help you reinstate your home equity line of credit.

We Also Provide Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for preciseness, or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? L. Ellis Appraisals Inc offers field reviews where we'll go out and check the subject and comps. If you're in a rush, we'll 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 report? L. Ellis Appraisals Inc can help with that too. While typically requested by banks, you may want to employ this service if you suspect mortgage fraud related to your house.