Real estate appraisal services for homeowners in the city of Chico and Butte County
Check out the top 7 reasons why CA homeowners order from Compass Appraisals:
Do you own a house in or near Chico? Do you need help deciding the price of your real estate?
We at Compass Appraisals understand the special needs of a customer seeking appraisal services. While our usual 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 (FSBO)
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at Compass Appraisals 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 important as a 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 interested buyers. The appraisal is something tangible to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to a seasoned appraiser's value estimation than yours.
Need to cancel PMI?
An attractive way to cut expenses for homeowners is getting the PMI eliminated 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 less than 80% of the value of your house. In most cases you can apply to a lender to have the PMI canceled from your loan. We are experts in helping consumers just like you dismiss unneeded and unwanted PMI insurance.
Challenging Butte county's assessment of your property
Your local tax assessor may have your home overvalued if you live in a region that is declining or is not appreciating as much as other houses close by. That only means you are probably paying more taxes than you should. The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an expert appraisal from Compass Appraisals is your strongest weapon.
Was your HELOC recently frozen?
If your home is in a declining area, your lender may choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be unsuitable from a cash flow angle, and negative on your credit score since it may appear as though that credit line is maxed out. Compass Appraisals can help you reinstate your home equity line of credit with an expert appraisal.
We Provide Field and Desktop Appraisal Review Services
Do you need a seasoned expert to double-check your appraisal for preciseness, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Compass Appraisals can go out and check the subject and comps in a field review. If you need it ASAP, we'll provide 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? Compass Appraisals can help you with that. While usually requested by banks, you may need to utilize this service if you suspect mortgage fraud related to your property.