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

Here are the top seven reasons MD homeowners need Wykes Appraisal Services,LLC:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. To challenge a MD property tax assessment
  3. Remove PMI to cut their mortgage payments
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a MD divorce, where real estate needs to be divided
  7. Settle an estate in MD by determining the true market value of property in question

Own a home in or near Frederick, MD and need help deciding the value of it?
Contact Wykes Appraisal Services,LLC.

At Wykes Appraisal Services,LLC, we understand the unique needs of a consumer looking for appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, lawyers, and CPAs. Being a person not in the real estate industry that probably doesn't look at appraisals on a regular basis,you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we present the results of our analysis.

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

It's very hard to be objective about your own home because you probably have an emotional attachment to it. Our professional appraisers at Wykes Appraisal Services,LLC are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much your home is worth. Potential buyers know you have an emotional attachment to your house and will be far more likely to give credibility to a seasoned appraiser's value judgement than yours.

Need to cancel PMI?

PMI stands for Private Mortgage Insurance. A popular way to cut costs for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your house. In most cases you can apply to your lender to have the PMI eliminated from your loan. We are experienced in helping clients just like you abolish undesirable PMI insurance.

Challenge Tax Assessment

Lets say you live in a local area that's declining -- 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 faster you take care of things like this, the better off you'll be. When challenging your property tax assessment, getting an appraisal report from Wykes Appraisal Services,LLC is your number one weapon.

Was your HELOC recently frozen?

Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area -- even if your specific property has not declined in value. This can this be inconvenient from a cash flow standpoint, and destructive to your credit score since it may appear as though that credit line is maxed out. Wykes Appraisal Services,LLC can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a seasoned appraiser to double-check your appraisal for efficiency, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. 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.

We can also provide you with a a retrospective review of any appraisal you may have in your possession. While usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your property.