Attention homeowners in Key West and Monroe County: Get an Appraisal today!
Here are the top 7 reasons why FL homeowners use Appraisers of the Keys, Inc.:
Need help determining the value of your home in or near Key West, FL?
We at Appraisers of the Keys, Inc. understand the unique needs of a customer after appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your house, 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. A professional appraisal is a very important negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your house will attract interested buyers. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just how much you think your home is worth. Potential buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value conclusion than yours.
Appraisals to cancel PMI
A preferred way to cut expenses for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your home, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're experienced in helping homeowners just like you rid yourselves of unwanted and unneeded PMI insurance.
Challenge Tax Assessment
If you live in an area 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 only means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. A professional appraisal from Appraisers of the Keys, Inc. is your number one weapon when challenging your property tax assessment.
Recently got a freeze 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 property is near a declining area. This can this be difficult and inconvenient from a cash flow angle, and destructive to your credit score since it may appear as though that credit line is maxed out. Appraisers of the Keys, Inc. can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?
Have you just gotten a copy of your appraisal and you'd wish to have a seasoned expert double-check it for precision or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Appraisers of the Keys, Inc. can go out and check the subject and comparables in question in a field review. Or, if you're in a rush, 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 a retrospective review of any appraisal you may have had in the past. While usually requested by banks, you may need to employ this service if you suspect mortgage fraud related to your home.