Appraisal services for Denver and Denver County homeowners
The top 7 reasons Colorado homeowners need E.A Homer & Associates:
We at E.A Homer & Associates understand the special needs of a consumer in need of appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and CPAs. But as a general consumer, we'll be sure you get extra guidance and explanations through the appraisal process to better understand what we do and how we present our conclusions.
For Sale by Owner (FSBO)/Pre-Listing ServicesSince you have an emotional attachment to your house, it's often very hard to be objective about it. Our professional appraisers at E.A Homer & Associates 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 a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your property will attract buyers. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to a qualified appraiser's value judgement than yours.
Challenge Tax AssessmentLet's say you live in a local area that is declining -- your local tax assessor may have your home overvalued. This only means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better off you'll be. Getting an expert appraisal from E.A Homer & Associates is your chief weapon when contesting your property tax assessment.
Appraisals to cancel PMIAn attractive way to cut costs for homeowners is getting the PMI canceled 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 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. At E.A Homer & Associates, we're veterans in helping consumers just like you rid themselves of undesirable PMI insurance.
HELOC recently frozen?Your lender might choose to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. Not only can this be inopportune 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. E.A Homer & Associates can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you want a seasoned expert to double-check your appraisal for preciseness? An appraiser from E.A Homer & Associates can go out and check the subject and comparables in question in a field review. 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.
Do you need a retrospective review of an appraisal? E.A Homer & Associates can help you with that. Although most appraisal reviews are requested by lenders, homeowners that have reason to believe a prior appraisal wasn't above board are wise to invest in a second opinion.