Your home might well be both your biggest asset and your greatest liability and there are times when you must know the market value of your house.  Given the current upheaval in the housing market, now is not a good time to guess.  Many areas of Dallas and Fort Worth are seeing stable values in their markets and some are even seeing slight gains.  There are pockets however where foreclosures are causing values to fall faster than the area average.  Suburban areas with new construction are especially vulnerable.  Among the areas that have the highest foreclosure rates in north Texas are Cedar Hill, Desoto, Lancaster, Lake Worth, Prosper, Celina, Anna, Princeton, Heath and Fate (click here to see the Dallas Morning News map of area foreclosures).

An appraisal can be a great investment, and in some cases the return can be significant.  An appraisal might help you get your property tax assessment lowered, it can also help show buyers that you know the market value of your house and that your asking price is supported.  Certainly an appraisal can help you determine your eligibility for refinancing, and if you're a buyer it will let you know if you are paying a fair price.  Blue Star Appraisals Inc. can help you determine if an appraisal is a good investment now.  As appraisers, it is not our job to help you get a loan or set an asking price, or even to help you get your taxes lowered.  Our job, and our responsibility to you, is to give you a clear understanding of the market value of your property based on an independent analysis of the recent sales of comparable properties in your immediate area and other relevant data.  That market value may be more or less than you expect or hope for.  Blue Star Appraisals Inc. will take time to consult with you about current market activity in your neighborhood to help you decide whether or not you want to order an appraisal.

Contact Blue Star Appraisals Inc. today if you need a professional appraisal for:

• Buying or selling a home or property
• Refinancing or home equity loans
• Lowering property taxes
• PMI Removal
• Remodeling or Rehabbing

Homeowners need appraisals or appraisal reviews for a variety of reasons, including a mortgage refinance, home equity loans, Pre-listing services, and PMI removal. When you order an appraisal or review from us, you can rest assured that you will get the best in professional service, courtesy, and quality.

Refinance / Home Equity

Be sure that you request us if your lender asks you for YOUR choice of appraisal firms. More than likely we are already on their "approved list", and if not we will quickly provide your lender with the necessary documentation to become approved.

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

It's very hard to be objective about your own 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 home will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something concrete to show your buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your home is worth. Potential buyers know you have an emotional attachment to your home and will be far more likely to give credibility to a professional appraiser's value opinion than yours.

PMI Removal Appraisals

A popular money saver for homeowners in the last few years is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. We are experienced in helping folks just like you rid themselves of unneeded and unwanted PMI insurance.

Field and Desktop Appraisal Review Services (Generally ordered by Lender)

Have you just received a copy of your appraisal and you'd like to have a professional "double-check" it for accuracy or do you need a second opinion without the expense and delay of waiting for a whole new appraisal?

• Appraisal Field Reviews: Well check your appraisal for accuracy and provide exterior "field inspections" of the subject and comparable properties for maximum appraisal certainty. Perfect for any situation demanding a second opinion on value.
• Appraisal Desk Reviews: In a hurry and just want to "double-check" the facts? Well use our extensive Internet research capabilities and office files to deliver reviews with the highest degree of precision in the industry.

Blue Star Appraisals Inc. offers home appraisals in Dallas, Fort Worth, Plano, McKinney, Denton, Flower Mound, Lewisville, Southlake, Frisco, Waxahachie, Kaufman, Midlothian, Mansfield, and most other cities and towns within approximately a 130 mile radius of Dallas.  If you are a homeowner, seller, buyer or investor interested in a residential appraisal please contact us to help you select the appropriate appraisal product for your property.  Homeowners can use appraisals to remove PMI, contest property taxes, arrive at a sale price in anticipation of listing, or in advance of remodeling.  Call Blue Star Appraisals Inc. today to consult with an appraiser.  We look forward to hearing from you!