Attention homeowners: Real estate appraisal services for in Biscayne Park and Miami-Dade County

The top seven reasons why FL homeowners use Source Valuations, LLC:

  1. Pre-listing appraisals (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. To reduce a mortgage payments by removing PMI
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Determine the true market value of property in question to settle an estate

Own a home in or near Biscayne Park, FL and need help determining the price of it?
Contact Source Valuations, LLC.

At Source Valuations, LLC, we understand the unique needs of a customer in need of appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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

It's very hard to be objective about your house because you probably have an emotional attachment to it. The professional appraisers at Source Valuations, LLC 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 selling price so your property will attract buyers, a professional appraisal is a very valuable negotiating tool once you have a potential buyer. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's price, not just how much you think your house 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 expert appraiser's value opinion than yours.

Appraisals to cancel PMI

A fashionable money saver for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is less than 80% of the value of your house. In most cases you can apply to a lender to have the PMI canceled from your loan. We're seasoned in helping homeowners just like you do away with unnecessary PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your home overvalued if you live in a local area that's going down or not appreciating as much as other homes close by. This only means you are most likely paying higher taxes than you should be paying. The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an expert appraisal from Source Valuations, LLC is your perfect weapon when contesting your property tax assessment.

HELOC recently frozen?

If your home is near a declining area, your lender may decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be disadvantageous from a cash flow standpoint, and negative on your credit score since it may appear as though that credit line is maxed out. Source Valuations, LLC can provide you with an expert appraisal to help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Do you need a professional to double-check your appraisal for efficiency, or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? An appraiser from Source Valuations, LLC 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 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? Source Valuations, LLC can We can assist you. While usually requested by banks, you may need to use this service if you suspect mortgage fraud related to your home.