Appraisal services for Taos and Western Colfax County homeowners

Here are the top 5 reasons why New Mexico homeowners use G. E. Nichols Appraisal Services:

  1. Find the right listing price (whether they're selling the property themselves or using a real estate agent)
  2. Remove PMI to cut your monthly mortgage payment
  3. Reinstate your Home Equity Line of Credit (HELOC)
  4. To review a different appraiser's report for verification
  5. Settle an estate in New Mexico by determining the true market value of a property
Do you own a house in or near Taos, New Mexico? Do you need help deciding the price of your real estate? Contact G. E. Nichols Appraisal Services.

At G. E. Nichols Appraisal Services, we understand the individual needs of a consumer after appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

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. Professional appraisers, like the ones at G. E. Nichols Appraisal Services, are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract many interested buyers. The appraisal is something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's value -- not just you saying how much your house is worth. Potential buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to an experienced appraiser's value report than yours.

Appraisals to remove PMI

A popular way to cut expenses for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your property, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. G. E. Nichols Appraisal Services is seasoned in helping homeowners just like you remove unwanted and unneeded PMI insurance.

HELOC recently frozen?

Your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. Not only can this be annoying from a cash flow angle, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. G. E. Nichols Appraisal Services can provide you with an expert appraisal that will help you reinstate your home equity line of credit.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you desire a seasoned expert to double-check your appraisal for verity? G. E. Nichols Appraisal Services offers field reviews where we'll 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.

Do you need a retrospective review of an appraisal? G. E. Nichols Appraisal Services can help you with that. Although most appraisal reviews are commissioned by lenders for quality control, homeowners that have reason to believe a prior appraisal wasn't above board are wise to invest in a second opinion.