Home Equity Line of Credit (HELOC) Appraisals
Have your lender recently contacted you to tell you that you home equity line of credit has been reduced or frozen?
Did your lender cite current market conditions and a decline in your home value as the reason for their actions?
If so, you're not alone. This has happened to many other homeowners since the market began it's downturn.
If you believe that your lender is undervaluing your home, there is something you can do.
Typically, the only way you can convince your lender to reinstate your line of credit is to get an appraisal. A licensed appraiser can establish an accurate current value of your home.
This is where we can help you. We can provide you with a full written appraisal of the highest quality that you can submit to your lender for consideration.
Call us today at (516) 642-4369 to speak to one of our appraisers. We'll answer all of your questions and schedule an appointment time that is convenient for you.
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