Real estate appraisal services for homeowners in the city of Bothell and Snohomish County

The top seven reasons why WA homeowners call on M. Peterson Appraisal:

  1. Find the right listing price (whether you're using an agent or selling the home on your own)
  2. Challenge property tax assessments
  3. Remove PMI to cut your mortgage payment
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate 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 Snohomish county or WA

Need help deciding the price of your house in or near Bothell, WA?
Contact M. Peterson Appraisal.

At M. Peterson Appraisal, we understand the special needs of a consumer in need of appraisal services. Our usual business clients get the appraisal process and the customary documents we provide. But as a consumer,we will provide you with extra guidance and explanations through the appraisal process to more fully understand what we do and how we document the results of our analysis.

For Sale By Owner/Pre-Listing Services

It's very hard to be objective about your own house because you most likely have an emotional attachment to it. Our professional appraisers at M. Peterson Appraisal are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is very important as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your house will attract buyers. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's value, not just you saying how much you think 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 accomplished appraiser's value estimation than yours.

Need to cancel PMI?

A fashionable 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". Once your mortgage loan is less than 80% of the value of your home, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. We are veterans in helping consumers just like you dismiss undesirable PMI insurance.

Challenging Snohomish county's assessment of your property

Lets say your home is not appreciating as much as other homes nearby -- your local tax assessor may have your home overvalued. That means you're paying more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. Getting an appraisal report from M. Peterson Appraisal is your strongest weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

If your house is in a declining area, your lender just may decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be inopportune from a cash flow viewpoint, and bad for your credit score since it may appear as though that credit line is maxed out. An expert appraisal from M. Peterson Appraisal can help you reinstate your HELOC.

We Also Provide Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for precision, or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. If you need it in a rush, 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 report? M. Peterson Appraisal can help with that too. While usually requested by banks, you may need to use this service if you suspect mortgage fraud related to your house.