Attention homeowners in Hot Springs and Garland County: Get an Appraisal today!

See the top seven reasons why AR homeowners use Lake Hamilton Appraisals:

  1. Find the right listing price (whether you're using a real estate agent or selling the home on your own)
  2. To challenge a AR property tax assessment
  3. To reduce your 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. In the case of a AR divorce, where real estate property needs to be divided
  7. To settle an estate in Garland county or AR by determining the true market value of real estate in question

Need help deciding the value of your home in or near Hot Springs, AR?
Contact Lake Hamilton Appraisals.

We at Lake Hamilton Appraisals understand the particular needs of a customer after 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.

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

It's very hard to be objective about your home because you most likely have an emotional attachment to it. A professional appraiser is objective and 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 house will attract buyers, a professional appraisal is a very valuable negotiating tool once you have an interested buyer. The appraisal is something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's value, not just how much you think your house is worth. Potential buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to a qualified appraiser's value report than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. A fashionable way to save money for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is below 80% of the value of your house. In most cases you can apply to your lender to have the PMI canceled from your loan. At Lake Hamilton Appraisals, we're qualified in helping consumers just like you delete unwanted and unneeded PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your house overvalued if your house is not appreciating as much as other properties nearby. This only means you're 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 off you'll be. An appraisal report from Lake Hamilton Appraisals is your best weapon when contesting your property tax assessment.

HELOC recently frozen?

Your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow point of view. Lake Hamilton Appraisals can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a veteran appraiser to double-check your appraisal for preciseness, or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? Lake Hamilton Appraisals offers field reviews where 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.

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