Home Owner Services
 
 
 

Reasons for a homeowner to obtain a real estate appraisal vary depending their specific needs.  Some of these needs include:

  • mortgage refinance

  • home improvement

  • property tax appeal

  • removal of Private Mortgage Insurance (PMI)

  • corporate relocation

  • or just the need for extra cash

Regardless of the reason, we at Bridgeport Appraisal recognize your need for professional service, combined with a high quality appraisal report.  Please give us a call today for additional information by clicking the "Contact Us" link on the left margin of this page.

 
 

PMI Removal Appraisal

Most homeowners with a balance on their mortgage loan in excess of 80% of their property value are paying mortgage insurance.  As market value increases over time, along with periodic payments made to he existing mortgage, this loan-to-value ratio will eventually drop below that 80% threshold.  When this happens the homeowner can typically submit evidence (an appraisal) to the lender, and the PMI can be removed from the monthly payment.  This can free up hundreds of dollars per month form the cost of your mortgage.

At Bridgeport Appraisal, we offer a free initial consultation with a subsequent, low cost market analysis of your neighborhood, to see if a full appraisal would serve your needs.  This market analysis fee will be credited toward the appraisal fee if the full appraisal is ordered within 10 days of the market analysis.

 


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