Attention homeowners in Hancock and Washington County: Need an appraisal?

Check out the top seven reasons Maryland homeowners need Matthew Wood Appraisal Service, LLC:

Pre-listing appraisals (whether they're selling the home themselves or using a real estate agent)
To challenge a property tax assessment in Maryland
To reduce their mortgage payments by removing PMI
Reinstate your Home Equity Line of Credit (HELOC)
Verify a different appraiser's report
If property needs to be divided because of a divorce
To determine the true market value of a property to settle an estate in Washington County or the state of Maryland


	Need help determining the value of your house in or near Hancock, Maryland? Contact Matthew Wood Appraisal Service, LLC.

At Matthew Wood Appraisal Service, LLC, we understand the unique needs of a customer seeking appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, attorneys, and accountants. Being a regular person not in the real estate field that probably doesn't look at appraisals on a regular basis, you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.

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

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Matthew Wood Appraisal Service, LLC, will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract buyers. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just you saying how much your home is worth. Interested buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an experienced appraiser's value assessment than yours.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if your house not appreciating as much as other properties close to yours. That means you are going to pay more taxes than you should. The sooner you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal from Matthew Wood Appraisal Service, LLC is your best weapon.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a preferred way to cut expenses for homeowners. Once your mortgage loan is below 80% of the value of your house, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're qualified in helping customers just like you remove unneeded PMI insurance.

Recently got a freeze to your HELOC?

Your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area -- even if your specific property has not declined in value. This can be detrimental to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow standpoint. Matthew Wood Appraisal Service, LLC can help you reinstate your home equity line of credit with an expert appraisal.

Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you would prefer to have a seasoned expert double-check it for accuracy or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. Or, if you need it ASAP, we can provide you with a desk review and verify as many facts as we can, using online data sources as well as our own files.

Do you need a retrospective review of an appraisal? Matthew Wood Appraisal Service, LLC can help you with that. While usually requested by banks, you may desire to make use of this service if you suspect mortgage fraud related to your house.