Attention homeowners in New Richmond and Clermont County: Get an Appraisal today!

The top seven reasons why OH homeowners order from Michael Scheu:

  1. To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
  2. Challenge Clermont county's assessment of your property
  3. Remove PMI to cut their monthly mortgage payment
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. Settle an estate in OH by determining the true market value of property in question

Own a home in or near New Richmond, OH and need help deciding the value of it?
Contact Michael Scheu.

We at Michael Scheu understand the unique needs of a consumer in need of appraisal services. Our customary business clients are used to the appraisal process and the customary reporting formats. As our client, you can expect extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.

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

It's very hard to be objective about your home because of your 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 selling price so your house will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. It's something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's price, 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 an accomplished appraiser's value conclusion than yours.

Need to cancel PMI?

A popular way to cut expenses for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your home. In most cases you can apply to the lender to have the PMI eliminated from your loan. We're veterans in helping people just like you abolish unnecessary PMI insurance.

Challenging a property tax assessment

Lets say you live in a region that is declining -- your local tax assessor may have your home overvalued. That means you're most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. Getting an appraisal from Michael Scheu is your strongest weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. This can this be difficult from a cash flow angle, and negative on your credit score since it may appear as though that credit line is maxed out. Michael Scheu can provide you with efficient appraisal to help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Would you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you want a professional to double-check your appraisal for efficiency? An appraiser from Michael Scheu can go out and check the subject and comparables in question in a field review. Or, if you're in a hurry, we can 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 a retrospective review of any appraisal report you may have had done before. Even though this is typically requested by banks, you may wish to employ this service if you suspect mortgage fraud related to your house.