Attention homeowners: Real estate appraisal services for in KENNEWICK and Benton County
Here are the top 7 reasons Washington homeowners use Appraisal Group Raines and Phillips:
At Appraisal Group Raines and Phillips, we understand the unique needs of a consumer after appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, attorneys, and accountants. Being a regular person not in the real estate industry that probably doesn't see an appraisal on a regular basis, you will receive extra guidance and explanations through the appraisal process to understand what we do and how we report our conclusions.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesSince you have an emotional attachment to your house, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your home will attract buyers. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's value, not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to a seasoned appraiser's value conclusion than yours.
Challenge Benton County's assessment of your propertyYour local tax assessor may have your house overvalued if you live in a local area that is declining or is not appreciating as much as other properties close to yours. This only means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. When challenging your property tax assessment, getting a professional appraisal from Appraisal Group Raines and Phillips is your #1 weapon.
Appraisals to cancel PMIGetting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a popular money saver for homeowners. Once your mortgage loan amount is down below 80% of the value of your property, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. At Appraisal Group Raines and Phillips, we're experienced in helping clients just like you do away with unwanted and unneeded PMI insurance.
Recently got a freeze to your HELOC?Even if your specific property has not declined in value, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. This can be unsuitable from a cash flow standpoint, and destructive to your credit score since it may appear as though that credit line is maxed out. Appraisal Group Raines and Phillips can help you reinstate your HELOC.
Field and Desktop Appraisal Review ServicesDo you need a seasoned expert to double-check your appraisal for accuracy, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? An appraiser from Appraisal Group Raines and Phillips can go out and check the subject and comps in a field review. If you're in a hurry, 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.
Do you need a retrospective review of an appraisal? Appraisal Group Raines and Phillips can help you with that. While typically requested by banks, you may want to use this service if you suspect mortgage fraud related to your house.