Attention homeowners in Sherwood and Washington County: Need an appraisal?
See the top 7 reasons why Oregon homeowners call on Sax & Associates, Inc.:
We at Sax & Associates, Inc. understand the unique needs of a consumer in need of appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, attorneys, and accountants. But as a general consumer, you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we present the results of our analysis.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesIt's very hard to be objective about your own home because of your emotional attachment to it. The professional appraisers at Sax & Associates, Inc. will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your home will attract buyers, a professional appraisal is very important as a negotiating tool once you have a potential buyer. The appraisal is something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value report than yours.
Challenging a property tax assessmentLet's say your home is not appreciating as much as other properties close by -- your local tax assessor may have your home overvalued. This only means you are 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 a matter like this, the better. When challenging your property tax assessment, getting an appraisal from Sax & Associates, Inc. is your best weapon.
Appraisals to remove PMIPMI stands for Private Mortgage Insurance. An attractive money saver for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your home. In most cases you can apply to a lender to have the PMI eliminated from your loan. We're seasoned in helping consumers just like you rid themselves of unneeded PMI insurance.
HELOC recently frozen?Even if your specific property has not declined in value, your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area. Not only can this be disadvantageous from a cash flow standpoint, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. Sax & Associates, Inc. can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review ServicesWould you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you want a professional to double-check your appraisal for preciseness? We can go out and check the subject and comparables in question in a field review. Or, if you need it in a rush, 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.
We can also provide a retrospective review of any appraisal you may have in your possession. Even though most review work is requested by lenders, homeowners suspecting a prior appraisal wasn't above board are prudent to invest in a second opinion.