Attention homeowners in Rio Rancho and Tulsa County: Need an appraisal?

Here are the top 7 reasons NM homeowners order from Mitchell Real Estate Appraisal:

  1. Find the right listing price (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. Remove PMI to lower a mortgage payment
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. In the case of a NM divorce, when real estate needs to be divided
  7. To settle an estate in Tulsa county or NM by determining the true market value of real estate in question

Need help determining the value of your house in or near Rio Rancho, NM?
Contact Mitchell Real Estate Appraisal.

At Mitchell Real Estate Appraisal, we understand the special needs of a homeowner looking for appraisal services. Our usual business clients are used to the appraisal process and the usual "products" we deliver to them. As our client, you will receive 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 house because you probably have an emotional attachment to it. Professional appraisers, like the ones at Mitchell Real Estate Appraisal, will be objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your property will attract many interested buyers, a professional appraisal is a crucial negotiating tool once you have an attainable buyer. The appraisal is something tangible to show the buyer. It's an independent third party's opinion of your house's value, and not just you saying how much your home is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an accomplished appraiser's value conclusion than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a popular way to cut costs for homeowners. Once your mortgage loan amount is down below 80% of the value of your house, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're veterans in helping homeowners just like you rid themselves of unwanted and unneeded PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your house overvalued if you live in a local area that is going down. 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 faster you take care of things like this, the better. When contesting your property tax assessment, getting an expert appraisal from Mitchell Real Estate Appraisal is your number one weapon.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area. This can this be disadvantageous from a cash flow point of view, and bad for your credit score since it may appear as though that credit line is maxed out. Mitchell Real Estate Appraisal can provide you with a professional appraisal that will help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for precision, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables in question. Or, if you need it immediately, we can 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? Mitchell Real Estate Appraisal can We can assist you. While usually requested by banks, you may need to employ this service if you suspect mortgage fraud related to your property.