Appraisal services for Lewiston and Androscoggin County homeowners

Here are the top 7 reasons why ME homeowners call on Central Maine Appraisals:

  1. Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to cut your mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. Settle an estate in ME by determining the true market value of real estate in question

Own a home in or near Lewiston, ME and need help deciding the value of it?
Contact Central Maine Appraisals.

At Central Maine Appraisals, we understand the individual needs of a customer seeking appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, lawyers, and accountants. Being a regular person not in the real estate industry that most likely doesn't see an appraisal on a regular basis,you can expect extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document our findings.

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

It's very hard to be objective about your own house because you probably have an emotional attachment to it. Our professional appraisers at Central Maine Appraisals are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic price to sell at so your property will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have a potential buyer. The appraisal is something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's price -- not just you saying how much your home is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value judgement than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive money saver for homeowners. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. At Central Maine Appraisals, we're qualified in helping customers just like you rid themselves of undesirable PMI insurance.

Challenge a property tax assessment

If you live in a local area that is going down or not appreciating as much as other houses nearby, your local tax assessor may have your house overvalued. This only means you are probably paying higher taxes than you should be paying. The faster you take care of things 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 Central Maine Appraisals is your strongest weapon.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender might decide to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. This can this be difficult and inconvenient from a cash flow point of view, and negative on your credit score since it may appear as though that credit line is maxed out. Central Maine Appraisals can provide you with a professional appraisal that will help you reinstate your home equity line of credit.

Do You Need Field and Desktop Appraisal Review Services?

Do you need a seasoned expert to double-check your appraisal for precision, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Central Maine Appraisals can go out and check the subject and comps in a field review. If you need it 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.

Need a retrospective review of an appraisal? We can help you with that Even though this is usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your property.