Let Us Help With Your PMI Removal in Raleigh, NC, or Wake County
Removing PMI can be a huge relief for homeowners, and our certified appraisers are here to help you with this process.
At Shaw Real Estate Appraisal Service Inc., we’re a trusted name in the real estate industry. We specialize in providing appraisals for PMI removal for clients in Raleigh, NC, and Wake County. With our extensive knowledge of the local real estate market and years of experience in property appraisals, you can trust us to provide an accurate and unbiased assessment.
What is Mortgage Insurance Removal?
PMI is often required by lenders when the down payment is less than 20% of the home’s value. However, once the equity in the property reaches 20%, you can request PMI insurance removal. This can result in substantial savings in monthly payments, but it requires a professional appraisal to determine the current value of the home.
An appraisal to remove PMI is a necessary step in the process of eliminating mortgage insurance. Our experts can conduct a thorough analysis of your property to determine its current market value. We deliver appraisal reports that can meet the needs of your lender and help you feel confident in your application.
Learn More About Our Services
We also provide expert witness testimony. Our appraisers are well-versed in providing reliable testimony in legal proceedings, making us a go-to option for clients seeking appraisal services. We remain unbiased while performing an appraisal of a property. However, we can consult with you and advise you about the relative strength of an appraisal presented by opposing parties. We can also perform additional research and analysis to support or discredit assumptions or conclusions.
Our professionals can also help with the following:
- Valuation of “stigmatized” property
- Valuation as of a date in the past
- Valuation for condemnation and eminent domain cases
- Effect on value of properties with history of flood
- Estate settlement
- Effect on value caused by insect infestation
- Valuation for divorce, partnership, and taxation issues
Save Money Down the Line
If you’re looking to remove PMI from your mortgage, Shaw Real Estate Appraisal Service Inc. is here to help. Contact us today to schedule an appraisal for PMI removal, and take the first step toward saving money on your monthly mortgage payments. Request an appointment in Raleigh, NC, or Wake County, to get started. We also offer a full appraisal fee rebate to any sellers who list with our brokerage side.