Attention homeowners: Real estate appraisal services for in El Paso and El Paso County

Check out the top 7 reasons why TX homeowners order from Merit Real Estate Appraisal, LLC:

  1. Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
  2. Challenge property tax assessments
  3. Remove PMI to cut your mortgage payments
  4. Reinstate your Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. In the case of a TX divorce, where real estate needs to be divided
  7. To settle an estate in El Paso county or TX by determining the true market value of property in question

Own a home in or near El Paso, TX and need help deciding the value of it?
Contact Merit Real Estate Appraisal, LLC.

At Merit Real Estate Appraisal, LLC, we understand the special needs of a customer seeking appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and CPAs. As our 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 our findings.

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

Since you have an emotional attachment to your own house, it's often very hard to be objective about 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 home will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much your house is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to a qualified appraiser's value conclusion than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive money saver for homeowners. Once your mortgage loan is less than 80% of the value of your house, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are experienced in helping people just like you do away with unneeded and unwanted PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if your house is not appreciating as much as other homes close to yours. This only means you are going to pay higher taxes than you should be paying. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. An appraisal report from Merit Real Estate Appraisal, LLC is your best weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender might choose to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area -- even if your specific property has not declined in value. Not only can this be troublesome from a cash flow standpoint, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. Merit Real Estate Appraisal, LLC can help you reinstate your home equity line of credit with efficient appraisal.

We Offer Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for preciseness, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? Merit Real Estate Appraisal, LLC offers field reviews where we go out and check the subject and comps in question. If you're in a rush, 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.

We can also provide a retrospective review of any appraisal you may have had done before. Even though this is typically requested by banks, you may wish to exploit this service if you suspect mortgage fraud related to your property.