Adams Appraisal Services | Denver, CO
You may get an unwanted surprise in the mail telling you your taxes are going up, and it may seem as though your assessment is too high. A simple phone call to your assessor may resolve the issue. However, if after discussing your assessment with your local taxing authority, you feel as your property was overvalued, a professional, independent, third-party appraiser is often your best bet in proving your case. That’s where we come in.
A home appraisal from Adams Appraisal Services will confirm your property value and give you a concrete platform to help you lower your tax burden.
PRIVATE MORTGAGE INSURANCE (PMI)
Was your loan originally for more than 80% of the appraised value? You may be paying Private Mortgage Insurance (PMI) at a rate of $40-$50 a month per $100,000 borrowed. PMI is costly to a borrower and lucrative for the lender. Your lender is not going to tell you when your equity level has increased enough to eliminate this costly payment. Has your home appreciated since you last financed it? Your home may have appreciated enough that you may be able to cancel your PMI payment. Contact Adams Appraisal Services and you may save from $500 to as much as $1,500 or more a year in PMI charges.