Attention homeowners in Olympia and Thurston County: Need an appraisal?

The top 7 reasons WA homeowners use Summit Appraisal:

  1. Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
  2. Challenge property tax assessments
  3. To cut their mortgage payment by removing PMI
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. To review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. Determine the true market value of real estate in question to settle an estate in Thurston county or WA

Need help deciding the price of your home in or near Olympia, WA?
Contact Summit Appraisal.

We at Summit Appraisal understand the individual needs of a consumer looking for appraisal services. The appraisal process and reporting formats are familiar to our business clients like banks, attorneys, and accountants. As our client, you can expect extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document our conclusions.

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

It's very hard to be objective about your own house because you probably have an emotional attachment to it. Our professional appraisers at Summit Appraisal are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very valuable as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your house will attract interested buyers. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just you saying how much your home is worth. Interested buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to an expert appraiser's value report than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. A fashionable way to cut expenses for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is less than 80% of the value of your property, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. Summit Appraisal is qualified in helping clients just like you get rid of unneeded PMI insurance.

Challenge property tax assessments

Lets say you live in a region that is going down -- your local tax assessor may have your home overvalued. This only means you are probably paying higher taxes than you should be paying. 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 challenging your property tax assessment, getting an appraisal report from Summit Appraisal is your best weapon.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. This can this be difficult from a cash flow viewpoint, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Summit Appraisal can help you reinstate your home equity line of credit with an expert appraisal.

Do You Need Field and Desktop Appraisal Review Services?

Do you need a seasoned appraiser to double-check your appraisal for verity, or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? Summit Appraisal offers field reviews where we'll go out and check the subject and comps in question. If you need it in a rush, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal report? We can help you with that While usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your property.