Appraisal services for Steamboat Springs and Routt County homeowners
Here are the top seven reasons CO homeowners hire M Davies Appraisal LLC:
Need help deciding the value of your home in or near Steamboat Springs, CO?
At M Davies Appraisal LLC, we understand the special needs of a customer seeking appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. But as a general consumer,we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we document our conclusions.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your own home because of your emotional attachment to 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 price to sell at so your property will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. The appraisal is something concrete to show your buyer. It's an independent third party's opinion of your property's price, and not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value conclusion than yours.
PMI Removal Appraisals
An attractive way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. At M Davies Appraisal LLC, we're experienced in helping consumers just like you do away with undesirable PMI insurance.
Challenging Fairfield county's assessment of your property
If you live in a region that is going down or is not appreciating as much as other homes close to yours, your local tax assessor may have your home overvalued. This means you're most likely 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 M Davies Appraisal LLC is your chief weapon.
Recently got a freeze your HELOC?
If your house is near a declining area, your lender might just make the decision 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 unsuitable from a cash flow angle, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. M Davies Appraisal LLC can provide you with a professional appraisal to help you reinstate your home equity line of credit.
Need Field and Desktop Appraisal Review Services?
Would you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you need a seasoned professional to double-check your appraisal for precision? M Davies Appraisal LLC offers field reviews where we go out and check the subject and comps. Or, if you're in a hurry, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal? M Davies Appraisal LLC can help you with that. While typically requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your house.