Attention homeowners in Meridian and Ada County: Need an appraisal?
Check out the top seven reasons why ID homeowners call on Metro Appraisals:
Do you own a house in or near Meridian? Do you need help determining the value of your real estate?
We at Metro Appraisals understand the special needs of a consumer in need of appraisal services. Our customary business clients understand the appraisal process and the standard "products" we deliver to them. But as a general consumer,we'll be sure you get extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our findings.
For Sale By Owner/Pre-Listing Services
It's very hard to be objective about your own home 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 selling price so your property will attract interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an attainable 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 you saying how much you think your house is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value report than yours.
Need to cancel PMI?
A preferred money saver 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 down below 80% of the value of your property. In most cases you can apply to your lender to have the PMI eliminated from your loan. At Metro Appraisals, we're seasoned in helping homeowners just like you rid themselves of unneeded PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your home overvalued if your home is not appreciating as much as other houses close to yours. This only means you are paying higher taxes than you should be paying. The quicker you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an expert appraisal from Metro Appraisals is your #1 weapon.
Was your HELOC recently frozen?
If your property is in or near a declining area, your lender might just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be inconvenient from a cash flow viewpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Metro Appraisals can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Do you need an expert to double-check your appraisal for efficiency, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? Metro Appraisals offers field reviews where we'll go out and check the subject and comparables. Or, if you need it ASAP, we can provide you with a 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 you may have had in the past. While usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your house.