Appraisal services for Oak Harbor and Island County homeowners
The top 7 reasons WA homeowners call on Passage Appraisal, LLC:
Need help determining the value of your home in or near Oak Harbor, WA?
We at Passage Appraisal, LLC understand the individual needs of a consumer in need of appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
Pre-listing Services/For Sale By Owner
It's very hard to be objective about your house because you probably have an emotional attachment to it. Our professional appraisers at Passage Appraisal, LLC are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic price to sell at so your property will attract many interested buyers, a professional appraisal is very important as a negotiating tool once you have an attainable buyer. It gives you something tangible to show the buyer. The appraisal is an independent third party's opinion of your home's value, not just how much your home is worth. Potential buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to an expert appraiser's value assessment than yours.
Appraisals to remove PMI
An attractive way to save money for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your home. In most cases you can apply to the lender to have the PMI removed from your loan. At Passage Appraisal, LLC, we're seasoned in helping consumers just like you dismiss unnecessary PMI insurance.
Challenging Island county's assessment of your property
Lets say your home is not appreciating as much as other properties close to yours -- your local tax assessor may have your home overvalued. This only means you're going to pay 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 things like this, the better off you'll be. Getting an appraisal report from Passage Appraisal, LLC is your number one weapon when challenging your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. Not only can this be disadvantageous from a cash flow point of view, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Passage Appraisal, LLC can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Do you need a seasoned professional to double-check your appraisal for precision, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? Passage Appraisal, LLC offers field reviews where we'll go out and check the subject and comparables. If you're in a rush, 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.
We can also provide a retrospective review of any appraisal you may have had done before. While typically requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your property.