Need an appraisal in BREWER or Penobscot County?
See the top 7 reasons why Maine homeowners need JM Appraisal Services:
We at JM Appraisal Services understand the particular needs of a homeowner in need of appraisal services. Our typical business clients get the appraisal process and the customary reporting formats. But as a general consumer, you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we report our conclusions.
Pre-listing Services/For Sale by OwnerIt's very hard to be objective about your own house because you probably have an emotional attachment to it. Professional appraisers, like the ones at JM Appraisal Services, are objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very important as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. It's something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's market value, not just how much your house is worth. Potential buyers know you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value opinion than yours.
Challenge property tax assessmentsYour local tax assessor may have your house overvalued if you live in a local area that's going down. That means you are paying more taxes than you should. 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. When challenging your property tax assessment, getting an expert appraisal from JM Appraisal Services is your chief weapon.
Appraisals to cancel PMIGetting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your home. In most cases you can apply to a lender to have the PMI removed from your loan. We are qualified in helping folks just like you do away with unnecessary PMI insurance.
Recently got a freeze to your HELOC?Even if your specific property has not declined in value, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. This can be damaging to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow standpoint. An appraisal from JM Appraisal Services can help you reinstate your HELOC.
We Also Offer Field and Desktop Appraisal Review ServicesDo you need a seasoned expert to double-check your appraisal for preciseness, or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from JM Appraisal Services can go out and check the subject and comps in a field review. Or, if you're in a rush, 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.
Do you need a retrospective review of an appraisal? JM Appraisal Services can help you with that. While typically requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your property.