Appraisal services for Newport and Lincoln County homeowners
The top 7 reasons Oregon homeowners use Oregon Coast Appraisal Service:
At Oregon Coast Appraisal Service, we understand the individual needs of a customer after appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesIt's very hard to be objective about your own house because you probably have an emotional attachment to it. The professional appraisers at Oregon Coast Appraisal Service 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 selling price so your house will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. It's something tangible to show the buyer. The appraisal is an independent third party's opinion of your home's market value, not just you saying how much your house is worth. Interested buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to an experienced appraiser's value estimation than yours.
Challenge a property tax assessmentLet's say your home is not appreciating as much as other properties close to yours -- your local tax assessor may have your house overvalued. That only means you're probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better off you'll be. Getting an appraisal report from Oregon Coast Appraisal Service is your chief weapon when contesting your property tax assessment.
PMI Removal AppraisalsPMI stands for Private Mortgage Insurance. An attractive way to cut expenses for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is below 80% of the value of your house, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are seasoned in helping folks just like you remove unneeded PMI insurance.
HELOC recently frozen?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 -- even if your specific property has not declined in value. This can be bad for your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow angle. Oregon Coast Appraisal Service can provide you with a professional appraisal to help you reinstate your home equity line of credit.
We Also Provide Field and Desktop Appraisal Review ServicesWould you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you need an expert to double-check your appraisal for preciseness? In a field review we will go out and check the subject and comps in question. 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.
Do you need a retrospective review of an appraisal report? Oregon Coast Appraisal Service can help you with that. Although most review work is commissioned by lenders, homeowners that have reason to believe a prior appraisal wasn't above board are prudent to invest in a second opinion.