Attention homeowners in Naples and Collier County: Need an appraisal?
The top seven reasons Florida homeowners need Metro Appraisals:
We at Metro Appraisals understand the particular needs of a homeowner after appraisal services. Our usual business clients are used to the appraisal process and the usual documents we provide. As our client, we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we report the results of our analysis.
For Sale by Owner (FSBO)/Pre-Listing ServicesSince 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 selling price so your house will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's market value, not just how much you think your home is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value opinion than yours.
Challenge Tax AssessmentLet's say your home is not appreciating as much as other homes close to yours -- your local tax assessor may have your house overvalued. This only means you are paying higher taxes than you should be paying. The sooner you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal from Metro Appraisals is your number one weapon when challenging your property tax assessment.
Need to cancel PMI?PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is below 80% of the value of your home, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Metro Appraisals is experienced in helping folks just like you remove unnecessary PMI insurance.
HELOC recently frozen?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. Not only can this be inopportune from a cash flow viewpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Metro Appraisals can provide you with an expert appraisal that will help you reinstate your home equity line of credit.
We Also Provide Field and Desktop Appraisal Review ServicesHave you just been handed a copy of your appraisal and you would like to have an expert double-check it for accuracy or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. If you need it immediately, 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 you may have in your possession. While usually requested by banks, you may wish to take advantage of this service if you suspect mortgage fraud related to your house.