Attention homeowners: Real estate appraisal services

See the top seven reasons Colorado homeowners rely upon MJ Valuations:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. To cut their mortgage payment by removing PMI
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. If property needs to be divided because of a divorce
  7. Determine the true market value of the real estate in question to settle an estate
Do you own property? Do you need help deciding the price of your real estate? Contact MJ Valuations.

At MJ Valuations, we understand the individual needs of a homeowner seeking appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

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

It's very hard to be objective about your house because you most likely have an emotional attachment to it. The professional appraisers at MJ Valuations will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very crucial as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract many interested buyers. It's something tangible to show the buyer. An appraisal is an independent third party's opinion of your home's value -- not just how much your house is worth. Interested buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to an accomplished appraiser's value report than yours.

Challenge your property tax assessment

If you live in a local area that is declining or not appreciating as much as other homes close to yours, your local tax assessor may have your home overvalued. This only means you're paying 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 a matter like this, the better. An expert appraisal from MJ Valuations is your best weapon when contesting your property tax assessment.

Need to cancel PMI?

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred money saver for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your property. In most cases you can apply to your lender to have the PMI removed from your loan. We're seasoned in helping clients just like you do away with undesirable PMI insurance.

Was your HELOC recently frozen?

Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area -- even if your specific property has not declined in value. This can be annoying from a cash flow viewpoint, and damaging to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from MJ Valuations can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for precision, or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables. 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.

We can also provide a retrospective review of any appraisal you may have had done before. Although most appraisal reviews are commissioned by lenders, homeowners that have reason to believe a prior appraisal wasn't above board are prudent to invest in a second opinion.