Attention homeowners: Real estate appraisal services for in Vancouver and Clark County

Here are the top 7 reasons Washington homeowners need Residential Valuation:

  1. To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. Challenge Clark County's assessment of your property value
  3. Remove PMI to cut their mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. To settle an estate in Washington by determining the true market value of the property in question
Do you own a home in or near Vancouver? Do you need help deciding the price of your real estate? Contact Residential Valuation.

We at Residential Valuation understand the unique needs of a customer seeking appraisal services. While our usual business 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

Since you have an emotional attachment to your house, it's often very hard to be objective about it. Our professional appraisers at Residential Valuation are objective. We won't just tell you what you want to hear, we'll 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 valuable as a negotiating tool once you have a likely buyer. The appraisal is something concrete to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much you think your house is worth. Potential buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser's value report than yours.

Challenge a property tax assessment

Your local tax assessor may have your house overvalued if you live in an area that's declining or is not appreciating as much as other houses nearby. That only means you are going to pay more taxes than you should. The sooner 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. When contesting your property tax assessment, getting an appraisal report from Residential Valuation is your number one weapon.

Need to cancel PMI?

A popular way to save money for homeowners is to get the PMI canceled 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 down below 80% of the value of your house. In most cases you can apply to the lender to have the PMI removed from your loan. Residential Valuation is seasoned in helping customers just like you abolish unwanted and unneeded PMI insurance.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. Not only can this be unsuitable from a cash flow point of view, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Residential Valuation can help you reinstate your home equity line of credit with a professional appraisal.

We Also Provide Field and Desktop Appraisal Review Services

Have you just gotten a copy of your appraisal and you would like to have a seasoned expert double-check it for accuracy or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from Residential Valuation can go out and check the subject and comparables in question in a field review. Or, if you need it ASAP, 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? Residential Valuation can help you with that. Even though most review work is requested by lenders, homeowners suspecting a prior appraisal wasn't above board are wise to invest in a second opinion.