Real estate appraisal services for homeowners in the city of Meridian and Ada County
The top reasons ID homeowners need Metro Appraisals:
Need help determining the value of your house in or near Meridian, ID?
At Metro Appraisals, we understand the unique needs of a homeowner after appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. But as a general consumer,you'll receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our conclusions.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at Metro Appraisals are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to a seasoned appraiser's value estimation than yours.
Need to remove PMI?
A preferred money saver for homeowners is getting the PMI canceled 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 is below 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. Metro Appraisals is veterans in helping folks just like you abolish unwanted and unneeded PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your home overvalued if you live in a region that is declining. 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. An appraisal report from Metro Appraisals is your perfect weapon when challenging your property tax assessment.
Recently got a freeze your HELOC?
If your home is in 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 difficult from a cash flow angle, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Metro Appraisals can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?
Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you want a veteran appraiser to double-check your appraisal for precision? An appraiser from Metro Appraisals can go out and check the subject and comparables 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 had in the past. Even though this is usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your house.