There are a variety of reasons why a homeowner may need an appraisal. Three of the main reasons are PMI Removal, Refinancing and Property Tax Protest.

Here at Humes Realty and Appraisal Service, LLC we specialize in providing high quality appraisals for each of the above. We are also dedicated to providing our customers with unmatched customer service. We will work hard to ensure that all of your appraisal needs are met quickly and comprehensively.

Interested in Removing PMI?

Private Mortgage Insurance (PMI) can add thousands of dollars to your annual mortgage cost! So are you paying PMI right now as part of your monthly mortgage payment?  If your down payment was less than 20% when you purchased your home, the answer is probably “yes.”

In most cases, mortgage lenders will remove the PMI requirement when the loan is 80% or less of the home’s value.  This can happen as a combination of regular loan repayments and appreciation of your home’s value in a rising market.  
Contact your lender for their specific requirements. Lenders will not remove PMI unless you ask. Before they will remove PMI, most lenders require a full or “drive  xby” appraisal (a drive  xby appraisal would be less expensive for you).

Call your lender, find out if they require an appraisal and, if so, what type and then call us. We can help you reduce your total mortgage payments.