Need an appraisal in Novi or Oakland County?
Check out the top reasons MI homeowners order from Appraisal Metrics:
Do you own a home in or near Novi? Do you need help deciding the price of your real estate?
We at Appraisal Metrics understand the special needs of a consumer after appraisal services. Our usual business clients are used to the appraisal process and the standard "products" we deliver to them. But as a general consumer,you'll receive extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Our professional appraisers at Appraisal Metrics are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic price to sell at so your home will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much your house is worth. Potential buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value opinion than yours.
PMI Removal Appraisals
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a fashionable way to save money for homeowners. Once your mortgage loan amount is less than 80% of the value of your home, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're qualified in helping customers just like you get rid of unwanted PMI insurance.
Challenging a property tax assessment
Your local tax assessor may have your home overvalued if you live in an area that is going down. This means you are going to pay 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 things like this, the better. An appraisal from Appraisal Metrics is your perfect weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
Your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area -- 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 bad for your credit score since it may appear as though that credit line is maxed out. Appraisal Metrics can provide you with an expert appraisal that will help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Do you need a professional to double-check your appraisal for verity, or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. Or, if you need it 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.
Do you need a retrospective review of an appraisal report? Appraisal Metrics can help you with that. While typically requested by banks, you may need to exploit this service if you suspect mortgage fraud related to your property.