Let Olsen Residential Appraisers take care of your appraisal

Thousands of people in Washington purchase, sell or refinance their home each year. Most of these transactions have a simple line item for an appraisal. Almost all lenders still want a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation systems that may seem cheaper than an appraisal. But is securing a mortgage the only basis for getting an appraisal? Are there more situations when the services of a licensed, independent real estate professional might come in handy? You bet there are.


	When you're planning on any transaction where the value of your real estate is in question, you should contact Olsen Residential Appraisers. Just click here

Let Olsen Residential Appraisers help you dispute your tax assessment in Spokane County

It's quite possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are determined by a previous assessment of your house, so if values have gone down in your neighborhood, you can challenge your assessment and save money. An appraisal from Olsen Residential Appraisers is your best evidence when building your case. At Olsen Residential Appraisers, we're qualified to assist you in disputing your tax assessment.

Let Olsen Residential Appraisers assist you in lowering your mortgage payment

When the amount being loaned to the home owner is more than 80% of the actual value of the real estate, almost all lenders ask homebuyers to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.

Olsen Residential Appraisers can provide you with a statement regarding the value of your home, and the expense of the appraisal can often be recovered in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Olsen Residential Appraisers

A divorce is often complicated by the hard decision of who gets the house, and it can be a very heartbreaking experience for both parties. Regardless of the situation, it's a good idea to get an appraisal from Olsen Residential Appraisers so both parties are completely aware of the true market value of their property.

If the parties want to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Fair and accurate estate liquidation

The death of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion.

Most Americans do not have dedicated estate planners or executors to take care of these matters, unlike wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal.

Olsen Residential Appraisers can assist you in relocating to or from Spokane County

Employee relocation is a real pain, and we understand. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive characteristics of their property, along with information regarding any current sales or listings in their area that they want considered during our thorough process.

Sell your home quickly at the right price with an appraisal from Olsen Residential Appraisers

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees aren't contingent upon the value opinion we render, but rather they depend on our efforts to finish the appraisal.

We examine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable way to decide what improvements will add value and what an appropriate sales price is for your home - so you don't come up short or have your house on the market an unnecessarily long time - because we're experts in knowing how long properties are one the market.