Need an appraisal in Meridian or Ada County?
The top seven reasons why ID homeowners hire Metro Appraisals:
Need help determining the price of your house in or near Meridian, ID?
At Metro Appraisals, we understand the unique needs of a consumer in need of appraisal services. Our usual business clients are used to the appraisal process and the standard reporting formats. As our client, you will receive extra guidance and explanations through the appraisal process to understand what we do and how we document the results of our analysis.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your own house because you probably have an emotional attachment to it. The professional appraisers at Metro Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your property will attract buyers, a professional appraisal is a crucial negotiating tool once you have a likely buyer. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value assessment than yours.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your property. In most cases you can apply to your lender to have the PMI removed from your loan. At Metro Appraisals, we're veterans in helping people just like you abolish unneeded and unwanted PMI insurance.
Challenge a property tax assessment
If you live in a region that is going down or is not appreciating as much as other houses close by, your local tax assessor may have your house overvalued. This means you're probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be. When challenging your property tax assessment, getting an appraisal from Metro Appraisals is your strongest weapon.
Recently got a freeze your HELOC?
If your home is in or near a declining area, your lender 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 angle, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Metro Appraisals can provide you with a professional appraisal that will help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Do you need an expert to double-check your appraisal for precision, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in question in a field review. Or, if you need it immediately, 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 you with a a retrospective review of any appraisal report you may have in your possession. While typically requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your house.