Appraisal services for Saint Louis and Saint Louis County homeowners

The top seven reasons MO homeowners need Thomas G. Hofer:

Find the right listing price (whether you're using a real estate agent or selling the home on your own)
Challenge property tax assessments
To reduce their monthly mortgage payment by removing PMI
To reinstate their Home Equity Line of Credit (or HELOC)
Verify another appraiser's report
If property needs to be divided because of a divorce
To determine the true market value of property in question to settle an estate

Need help deciding the price of your house in or near Saint Louis, MO?
Contact Thomas G. Hofer.

We at Thomas G. Hofer understand the individual needs of a consumer seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, lawyers, and accountants. As our valued client, you can expect 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 home, it's often very hard to be objective about 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 property will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have an interested buyer. The appraisal is 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 you think your house is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value conclusion than yours.

Need 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 amount is less than 80% of the value of your property. In most cases you can apply to a lender to have the PMI eliminated from your loan. We are seasoned in helping clients just like you do away with unwanted and unneeded PMI insurance.

Challenging a property tax assessment

If you live in a local area that is declining or is not appreciating as much as other properties nearby, your local tax assessor may have your house overvalued. That means you are paying more taxes than you should. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. A professional appraisal from Thomas G. Hofer is your chief weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

If your house is close to a declining area, your lender just might decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be annoying from a cash flow viewpoint, and unfavorable to your credit score since it may appear as though that credit line is maxed out. An expert appraisal from Thomas G. Hofer can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you like a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you need an expert to double-check your appraisal for preciseness? We can go out and check the subject and comps in question in a field review. If you need it ASAP, 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 a retrospective review of any appraisal report you may have had in the past. Even though this is usually requested by banks, you may wish to use this service if you suspect mortgage fraud related to your home.