Attention homeowners in Caguas and Caguas County: Need an appraisal?

The top seven reasons PR homeowners order from AM Appraisal:

Get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
To challenge a PR property tax assessment
Remove PMI to cut their mortgage payment
To reinstate your Home Equity Line of Credit (or HELOC)
Review a different appraiser's report for verification
If property needs to be divided because of a divorce
To determine the true market value of property in question to settle an estate

Own a home in or near Caguas, PR and need help determining the price of it?
Contact AM Appraisal.

We at AM Appraisal understand the particular needs of a homeowner in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, lawyers, and accountants. But as a consumer,we'll be sure you get extra guidance and explanations through the appraisal process to understand what we do and how we document our conclusions.

For Sale By Owner (FSBO)/Pre-Listing Services

It's very hard to be objective about your own house because you probably have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your property will attract buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much you think your home is worth. Interested buyers know you have an emotional attachment to your home and will be more likely to give credibility to an expert appraiser's value assessment than yours.

Appraisals to remove 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". Your monthly payments will go down once your mortgage loan is less than 80% of the value of your property. In most cases you can apply to a lender to have the PMI canceled from your loan. We're seasoned in helping clients just like you get rid of unneeded and unwanted PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your home overvalued if you live in a region that is going down or not appreciating as much as other properties close by. That only means you are most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better. When challenging your property tax assessment, getting an expert appraisal from AM Appraisal is your #1 weapon.

Was your HELOC recently frozen?

Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area -- even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow standpoint. AM Appraisal can help you reinstate your home equity line of credit with a professional appraisal.

We Offer Field and Desktop Appraisal Review Services

Have you just been given a copy of your appraisal and you would like to have an expert double-check it for precision 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 question in a field review. If you need it immediately, we'll 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? AM Appraisal can help with that too. Even though this is usually requested by banks, you may need to take advantage of this service if you suspect mortgage fraud related to your house.