Attention homeowners: Real estate appraisal services for in Portland and Multnomah County
Here are the top seven reasons OR homeowners need Geist & Associates:
Need help deciding the value of your house in or near Portland, OR?
We at Geist & Associates understand the special 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 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 Services
It's very hard to be objective about your home 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 a very important negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. The appraisal is something tangible to show the buyer. The appraisal is an independent third party's opinion of your house's price, not just you saying how much your house 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 experienced appraiser's value conclusion than yours.
Appraisals to cancel PMI
A fashionable way to cut expenses for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Geist & Associates is experienced in helping folks just like you remove unneeded and unwanted PMI insurance.
Challenge Multnomah 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. That only means you are most likely paying more taxes than you should. The faster you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an appraisal report from Geist & Associates is your #1 weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
If your property is close to a declining area, your lender might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow angle. Geist & Associates can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Do you need an expert to double-check your appraisal for verity, or do you need a second opinion without the cost and delay of waiting for a whole new appraisal? Geist & Associates offers field reviews where we 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? Geist & Associates can We can assist you. Even though this is typically requested by banks, you may want to use this service if you suspect mortgage fraud related to your property.