Attention homeowners in Coral Gables and Miami-Dade County: Need an appraisal?

Here are the top 7 reasons Florida homeowners call on MEF Appraisal Group:

  1. Find the right listing price (whether they're selling the home themselves or using an agent)
  2. Challenge property tax assessments
  3. To reduce their mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. In the case of a divorce in the state of Florida, where real estate property needs to be divided
  7. To determine the true market value of a property to settle an estate
Own a house in or near Coral Gables, Florida and need help deciding the price of it? Contact MEF Appraisal Group.

We at MEF Appraisal Group understand the individual needs of a consumer looking for appraisal services. While our usual 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.

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

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 house will attract interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something concrete to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much your home is worth. Potential buyers know that you have an emotional attachment to your home and will be far more likely to give credibility to an expert appraiser's value opinion than yours.

Challenge property tax assessments

Let's say you live in a region that's declining -- your local tax assessor may have your home overvalued. That means you're most likely paying more taxes than you should. The sooner you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an expert appraisal from MEF Appraisal Group is your chief weapon when challenging your property tax assessment.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A preferred way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. 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 a lender to have the PMI eliminated from your loan. We're experienced in helping customers just like you get rid of unwanted PMI insurance.

HELOC recently frozen?

If your house is near a declining area, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be inconvenient from a cash flow standpoint, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. MEF Appraisal Group can help you reinstate your home equity line of credit with a professional appraisal.

Need Field and Desktop Appraisal Review Services?

Have you just been given a copy of your appraisal and you'd prefer to have a seasoned expert double-check it for accuracy or do you need a second opinion without the added cost 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 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? MEF Appraisal Group can help you with that. While usually requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your property.