Need an appraisal in Marion, Linn, Polk, or Benton County?
See the top reasons OR homeowners hire Summit Appraisal Group, Inc.:
Do you own a home in Marion, Linn, Polk, or Benton Counties? Do you need help determining the value of your real estate?
At Summit Appraisal Group, Inc., we understand the individual needs of a homeowner in need of appraisal services. Our usual business clients get the appraisal process and the customary "products" we deliver to them. Being a regular person not in the real estate business that ordinarily doesn't see an appraisal on a regular basis, you'll receive extra guidance and explanations through the appraisal process to understand what we do and how we present our conclusions.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your own house because you probably have an emotional attachment to 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 very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. The appraisal is something tangible to show your buyer. An 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 home and will be more likely to give credibility to an accomplished appraiser's value report than yours.
Need to remove PMI?
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive money saver for homeowners. Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. At Summit Appraisal Group, Inc., we're experienced in helping folks just like you get rid of undesirable PMI insurance.
Challenging a property tax assessment
Your local tax assessor may have your house overvalued if your home is not appreciating as much as other homes close to yours. That means you're going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better. Getting a professional appraisal from Summit Appraisal Group, Inc. is your number one weapon when contesting your property tax assessment.
HELOC recently frozen?
Your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. Not only can this be inconvenient from a cash flow angle, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Summit Appraisal Group, Inc. can provide you with a professional appraisal to help you reinstate your home equity line of credit.
We Provide Field and Desktop Appraisal Review Services
Have you just accepted a copy of your appraisal and you'd wish to have a seasoned expert double-check it for efficiency or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables in question. Or, if you need it immediately, we can provide you with a 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 report? We can help with that too. While usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your property.