Professional Residential Appraisals for Lending and Refinancing in Michigan
When you are buying a home or refinancing your existing mortgage, lenders require an independent, certified appraisal to confirm the property’s market value. Team Appraisal, based in Troy, Michigan, provides accurate, USPAP-compliant mortgage lending and refinance appraisals throughout Southeast and Mid-Michigan.
Our appraisals are trusted by lenders, banks, and financial institutions, ensuring smooth approvals and confidence for both buyers and homeowners.
Why Mortgage Lending & Refinance Appraisals Are Important
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Lender Requirement – Banks and mortgage companies need a third-party valuation to assess risk and approve financing.
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Accurate Market Value – Avoid overpaying for a home or refinancing based on outdated or inflated estimates.
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Smooth Loan Process – A professional appraisal prevents delays, ensures lender compliance, and supports loan approval.
Our Mortgage Lending & Refinance Appraisal Services Include:
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Purchase appraisals for new home buyers
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Refinance appraisals for existing mortgages
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Cash-out refinance evaluations
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Home equity line of credit (HELOC) appraisals
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FHA, VA, and conventional mortgage appraisals
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Residential property valuations in Troy, Oakland, Macomb, Wayne, Livingston, Washtenaw counties
How We Conduct Our Appraisal
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Property Inspection: Full interior and exterior review of the home.
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Market Research: Analyzing comparable sales, active listings, and local market trends.
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Valuation Methods: Applying the Sales Comparison Approach, Cost Approach (if needed), and Income Approach (for 2–4 unit properties).
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Detailed Reporting: Delivering a professional report that meets lender requirements and provides a clear, defensible opinion of value.
Benefits of Choosing Team Appraisal
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Certified Michigan residential appraisers
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Fast turnaround time (24–72 hours typical)
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Accurate, credible, and defensible reports
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Local market expertise in Troy, Birmingham, Rochester Hills, Sterling Heights, Novi, Livonia, Ann Arbor, Detroit, and surrounding cities
CONTACT TEAM APPRAISAL
Ready to schedule your appraisal or request a quote?
Our friendly staff is here to answer your questions and help you get started.
Office: Troy, Michigan
Phone: (248) 792-2333
Email: frontdesk@teamappraisal.com
Hours: Monday – Friday: 8 AM – 6 PM | Saturday by Appointment