How is the value of my home determined by AmeriCU?
A. We hire an appraisal service to do a drive-by appraisal on your home. A drive-by is done to “estimate” the value of the home, most often this is received in a dollar “range” (ie…”Based on exterior inspection from the street the subject property has an estimated market value between $72,000 and $77,000″). The appraiser will review the home’s exterior (siding, roof etc…), and the surrounding neighborhood. They will send the analysis to the MSR within 4 business days. Keep in mind, improvements within the home do not affect this estimated value.