Attention homeowners in College Park and Prince Georges County: Need an appraisal?
The top reasons MD homeowners hire Columbia Realty Advisors:
Own a home in or near College Park, MD and need help deciding the price of it?
We at Columbia Realty Advisors understand the special needs of a customer after appraisal services. While our usual 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 own house, it's often very hard to be objective about it. Our professional appraisers at Columbia Realty Advisors are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers. It gives you something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's price, not just you saying how much you think your house is worth. Potential buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value report than yours.
Need to remove PMI?
A fashionable way to save money 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". Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your property. In most cases you can apply to a lender to have the PMI eliminated from your loan. Columbia Realty Advisors is experts in helping folks just like you do away with undesirable PMI insurance.
Challenge Prince Georges county's assessment of your property
Lets say you live in an area that is going down -- your local tax assessor may have your home overvalued. This only means you're probably paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better. When contesting your property tax assessment, getting a professional appraisal from Columbia Realty Advisors is your strongest weapon.
HELOC recently frozen?
Your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. This can this be unsuitable from a cash flow point of view, and detrimental to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from Columbia Realty Advisors can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Have you just gotten a copy of your appraisal and you would prefer to have a seasoned appraiser double-check it for efficiency or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables. If you need it in a rush, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal? We can We can assist you Even though this is usually requested by banks, you may need to use this service if you suspect mortgage fraud related to your property.