Private Mortgage Insurance commonly known as PMI, protects the lender against loan default. It does not protect the homeowner who pays for it and is a mandatory insurance policy added when the criteria is not met. PMI is normally required when your down payment is less than 20% at the time of purchase. PMI is offered instead of the down payment and allows purchasers to obtain a mortgage they otherwise may not be able to afford because of the 20% down payment. PMI also enables lenders to grant loans that would otherwise be considered too risky to be purchased by third party investors.
Real Estate is big business, and because of that, it’s easy to make a very costly mistake if you don’t know what you are getting into. There are all kinds of ways in which you can lose money on a real estate deal. That’s where a real estate appraisal company can come in extremely handy. We can provide you with information about the true value of a property you are either considering buying or selling to ensure you truly get your money’s worth.
The cost of an appraisal will be paid back in spades, leaving you to buy and sell real estate with confidence.
Who We Are:
C.G. Meyer & Associates is a Baltimore Real Estate Appraiser, offering appraisal services to the Maryland counties of Montgomery, Howard, Prince Georges, Frederick, Baltimore, Anne Arundel and Carroll. We are also a Virginia-based appraiser, offering our services to those in the counties of Fairfax, Alexandria, and Loudon.
What We Do:
A real estate appraisal is the practice of devising an opinion about the value – usually the market value – of a piece of real property. It is important to note that no two properties are identical, and because there is no market-based determinant for the value of property, it is necessary to have an appraisal to determine the value.
We are licensed/certified Virginia and Maryland appraisers, and we would be happy to valuate your: Single-Family Residential Property, Condominium Residential Property or
Residential New Construction through our desk reviews, field reviews, or through conventional or FHA appraisal methods. We also provide drive-by appraisal services and compliance inspections.
Our Experience and Qualifications Speak for Themselves:
We belong to the Maryland State Appraisal Commission, House & Urban Development, and the Virginia State Appraisal Commission. We have a wealth of formal education, comprising a myriad of courses in all aspects of the appraisal business, and have worked for a variety of firms in the real estate appraisal industry.
That experience and education, combined with our commitment to customer service and to a job well done, make us the ideal choice for your Maryland and Virginia real estate appraisal needs.
Don’t get taken for a ride on your next real estate transaction. We are the appraisal company you need.
Take a look around our site for more information about how we can help you get – and stay – on the road to real estate success!
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