Attention homeowners in Topsfield and Essex County: Need an appraisal?

The top seven reasons MA homeowners order from Michael Mavrakos:

Find the right listing price (whether they're selling the home themselves or using a real estate agent)
Challenge property tax assessments
Remove PMI to reduce their monthly mortgage payment
Reinstate their Home Equity Line of Credit (HELOC)
Verify a different appraiser's report
In the case of a MA divorce, where real estate property needs to be divided
Determine the true market value of property in question to settle an estate in Essex county or MA

Own a home in or near Topsfield, MA and need help determining the price of it?
Contact Michael Mavrakos.

At Michael Mavrakos, we understand the unique needs of a consumer after appraisal services. Our usual business clients understand the appraisal process and the standard "products" we deliver to them. As our valued client, you can expect extra guidance and explanations through the appraisal process to more fully 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 home because you most likely have an emotional attachment to it. The professional appraisers at Michael Mavrakos will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your home's price -- not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value assessment than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A preferred way to cut expenses for homeowners is to get the PMI removed 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 house. In most cases you can apply to a lender to have the PMI removed from your loan. We are seasoned in helping homeowners just like you rid yourselves of unnecessary PMI insurance.

Challenge Tax Assessment

Lets say your house is not appreciating as much as other homes nearby -- your local tax assessor may have your home overvalued. That means you are probably paying more taxes than you should. The sooner you take care of things like this, the better, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal report from Michael Mavrakos is your strongest weapon.

Recently got a freeze your HELOC?

Your lender just might choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow standpoint. An appraisal from Michael Mavrakos can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Have you just received a copy of your appraisal and you would prefer to have a veteran appraiser double-check it for accuracy or do you want 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. Or, if you need it immediately, we can 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 report? Michael Mavrakos can We can assist you. While usually requested by banks, you may need to utilize this service if you suspect mortgage fraud related to your property.