Real estate appraisal services for homeowners in the city of Alamogordo and Otero County
Check out the top 7 reasons New Mexico homeowners hire Cornerstone Appraisals:
At Cornerstone Appraisals, we understand the individual needs of a homeowner after appraisal services. While our typical business 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 ServicesSince you have an emotional attachment to your own home, it's often very hard to be objective about it. The professional appraisers at Cornerstone Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your house will attract interested buyers. It's something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's value -- not just you saying how much your home is worth. Interested buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an accomplished appraiser's value judgement than yours.
Challenging a property tax assessmentYour 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 homes nearby. That only means you are 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 off you'll be. An expert appraisal from Cornerstone Appraisals is your #1 weapon when contesting your property tax assessment.
Appraisals to remove PMIGetting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a preferred way to cut costs for homeowners. Once your mortgage loan is 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, which will make your monthly payments go down. We're experts in helping consumers just like you remove unneeded and unwanted PMI insurance.
Recently got a freeze to your HELOC?Even if your specific property has not declined in value, your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. This can be inconvenient from a cash flow angle, and negative on your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Cornerstone Appraisals can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?Have you just accepted a copy of your appraisal and you'd prefer to have a seasoned expert double-check it for precision or do you want a second opinion without the expense 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. Or, if you need it in a rush, 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.
We can also provide a retrospective review of any appraisal report you may have had done before. While typically requested by banks, you may want to employ this service if you suspect mortgage fraud related to your property.