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Attention homeowners in Gainesville and Gainesville-Dade County: Need an appraisal?

Here are the top seven reasons why Florida homeowners call on Richard Frey:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. To challenge a property tax assessment in Florida
  3. To cut their mortgage payment by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. To review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. To settle an estate in Florida by determining the true market value of the real estate in question
Own a home in or near Gainesville, Florida and need help determining the price of it? Contact Richard Frey.

We at Richard Frey understand the individual needs of a consumer after appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, lawyers, and CPAs. As our valued client, we'll be sure you get extra guidance and explanations through the appraisal process to better understand what we do and how we document the results of our analysis.

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

It's very hard to be objective about your house because of your 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. A professional appraisal is a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your home will attract interested buyers. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's market value, not just you saying how much you think your house is worth. Potential buyers know you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value conclusion than yours.

Challenging Gainesville-Dade County's assessment of your property

Let's say your house is not appreciating as much as other homes close to yours -- your local tax assessor may have your home overvalued. This means you're most likely paying higher taxes than you should be paying. The earlier you take care of a matter 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 expert appraisal from Richard Frey is your strongest weapon.

Appraisals to remove PMI

A popular money saver for homeowners is to get the PMI eliminated 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 below 80% of the value of your home. In most cases you can apply to the lender to have the PMI eliminated from your loan. We're experienced in helping clients just like you dismiss unneeded PMI insurance.

HELOC recently frozen?

If your home is near a declining area, your lender just might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be disadvantageous from a cash flow viewpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. Richard Frey can provide you with efficient appraisal that will help you reinstate your home equity line of credit.

Need Field and Desktop Appraisal Review Services?

Have you just accepted a copy of your appraisal and you would prefer to have a professional double-check it for verity or do you desire a second opinion without the added 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're in a hurry, we can provide desk review and verify as many facts as we can, using online data sources as well as our own files.

We can also provide you with a retrospective review of any appraisal you may have had in the past. While usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your property.