Attention homeowners in Portland and Multnomah County: Get an Appraisal today!

See the top 7 reasons OR homeowners use Appraisal Concepts Team:

  1. To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. Challenge property tax assessments
  3. To lower your mortgage payments by removing PMI
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Settle an estate in OR by determining the true market value of real estate in question

Need help deciding the price of your home in or near Portland, OR?
Contact Appraisal Concepts Team.

At Appraisal Concepts Team, we understand the special needs of a homeowner after appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, lawyers, and accountants. Being a homeowner that most likely doesn't see an appraisal on a regular basis,we'll be sure you get extra guidance and explanations through the appraisal process to better understand what we do and how we present our findings.

Pre-listing Services/For Sale By Owner (FSBO)

It's very hard to be objective about your house because of your 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 valuable negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your house will attract buyers. It gives you something concrete to show the buyer. It's an independent third party's opinion of your home's value, and not just how much your house is worth. Potential buyers assume you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value conclusion than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. An attractive way to save money 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 is below 80% of the value of your property. In most cases you can apply to the lender to have the PMI eliminated from your loan. At Appraisal Concepts Team, we're experts in helping people just like you do away with undesirable PMI insurance.

Challenging a property tax assessment

If you live in a local area that is declining or is not appreciating as much as other homes close by, your local tax assessor may have your home overvalued. That means you are most likely paying more taxes than you should. The earlier you take care of a matter 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 a professional appraisal from Appraisal Concepts Team is your strongest weapon.

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 house is in a declining area. This can this be inopportune from a cash flow viewpoint, and negative on your credit score since it may appear as though that credit line is maxed out. Appraisal Concepts Team can help you reinstate your home equity line of credit with a professional appraisal.

We Also Provide Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for accuracy, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps in question. Or, if you're in a hurry, 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? Appraisal Concepts Team can We can assist you. While typically requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your house.