Attention homeowners in Portland and Cumberland County: Get an Appraisal today!
The top reasons ME homeowners hire CMRE Appraisals Inc.:
Own a home in or near Portland, ME and need help determining the price of it?
At CMRE Appraisals Inc., we understand the individual needs of a consumer looking for appraisal services. Our typical business clients get the appraisal process and the standard reporting formats. As our client, we'll be sure you get extra guidance and explanations through the appraisal process to better understand what we do and how we document the results of our analysis.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your home because of your emotional attachment to it. Our professional appraisers at CMRE Appraisals Inc. are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic selling price so your home will attract many interested buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. The appraisal is 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. Potential buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to an expert appraiser's value judgement than yours.
PMI Removal Appraisals
An attractive money saver for homeowners is to get 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 less than 80% of the value of your house. In most cases you can apply to a lender to have the PMI canceled from your loan. At CMRE Appraisals Inc., we're qualified in helping people just like you dismiss unwanted and unneeded PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your house overvalued if you live in a region that is declining. This means you are going to pay higher taxes than you should be paying. The sooner you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal from CMRE Appraisals Inc. is your chief weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
Your lender just might make the decision 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. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow viewpoint. An appraisal from CMRE Appraisals Inc. can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you desire a veteran appraiser to double-check your appraisal for efficiency? We can go out and check the subject and comps in a field review. If you're in a hurry, 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? CMRE Appraisals Inc. can help you with that. Even though this is usually requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your property.