Attention homeowners in Newburgh and Warrick County: Get an Appraisal today!

Check out the top 7 reasons IN homeowners need Appraisals by Derrick Marshall:

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

Own a house in or near Newburgh, IN and need help deciding the price of it?
Contact Appraisals by Derrick Marshall.

At Appraisals by Derrick Marshall, we understand the special needs of a homeowner seeking appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer 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 own house because you most likely have an emotional attachment to it. The professional appraisers at Appraisals by Derrick Marshall 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 likely buyer, in addition to helping you set a realistic selling price so your home will attract buyers. The appraisal is something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much you think your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value assessment than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred money saver for homeowners. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your home. In most cases you can apply to your lender to have the PMI canceled from your loan. Appraisals by Derrick Marshall is qualified in helping people just like you rid themselves of undesirable PMI insurance.

Challenging property tax assessments

If you live in a local area that is going down or not appreciating as much as other homes close by, your local tax assessor may have your house overvalued. That means you are probably paying more taxes than you should. The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal from Appraisals by Derrick Marshall is your best weapon.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender may choose to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area. This can this be inopportune from a cash flow point of view, and detrimental to your credit score since it may appear as though that credit line is maxed out. Appraisals by Derrick Marshall can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you want a seasoned expert to double-check your appraisal for efficiency? An appraiser from Appraisals by Derrick Marshall can go out and check the subject and comparables in question in a field review. Or, if you're in a rush, 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? We can help you with that While usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your house.