Appraisal services for Silver Spring and Montgomery County homeowners

Here are the top seven reasons why MD homeowners use E Ross Long Associates:

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

Do you own a house in or near Silver Spring? Do you need help deciding the price of your real estate?
Contact E Ross Long Associates.

We at E Ross Long Associates understand the individual needs of a homeowner looking for appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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 home, it's often very hard to be objective about it. Professional appraisers, like the ones at E Ross Long Associates, are objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have an interested buyer. It's something tangible to show your buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an accomplished appraiser's value assessment than yours.

Need to cancel PMI?

PMI stands for Private Mortgage Insurance. A preferred way to save money for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are qualified in helping people just like you dismiss unneeded and unwanted PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your home overvalued if your house is not appreciating as much as other houses close by. This only means you are paying higher taxes than you should be paying. The quicker 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. Getting an expert appraisal from E Ross Long Associates is your #1 weapon when contesting your property tax assessment.

HELOC recently frozen?

Your lender might decide 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 difficult 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. An efficient appraisal from E Ross Long Associates can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just been given a copy of your appraisal and you would wish to have an expert double-check it for precision or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? E Ross Long Associates offers field reviews where we go out and check the subject and comps in question. Or, if you need it in a rush, we can provide 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 We can assist you Even though this is usually requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your house.