Attention homeowners: Real estate appraisal services for in Johnston and Providence County

Check out the top reasons RI homeowners order from Prescott Appraisal Service, Inc.:

  1. Pre-listing appraisals (whether they're selling the home on their own or using a real estate agent)
  2. Challenge Providence county's assessment of your propertyvalue
  3. To reduce your mortgage payments by removing PMI
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a RI divorce, when real estate needs to be divided
  7. Settle an estate in RI by determining the true market value of real estate in question

Own a house in or near Johnston, RI and need help deciding the price of it?
Contact Prescott Appraisal Service, Inc..

At Prescott Appraisal Service, Inc., we understand the unique needs of a customer seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. As our non-traditionalclient, we will give you extra guidance and explanations through the appraisal process to understand what we do and how we present our findings.

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

Since you have an emotional attachment to your house, it's often very hard to be objective about it. Our professional appraisers at Prescott Appraisal Service, Inc. 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 a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It's something tangible to show your buyer. An appraisal is an independent third party's opinion of your house's price -- not just you saying how much your house is worth. Potential buyers know you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value judgement than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive way to save money for homeowners. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your home. In most cases you can apply to a lender to have the PMI canceled from your loan. Prescott Appraisal Service, Inc. is veterans in helping clients just like you dismiss unnecessary PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your home overvalued if you live in an area that's declining. This means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better off you'll be. A professional appraisal from Prescott Appraisal Service, Inc. is your #1 weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Your lender might choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow standpoint. A professional appraisal from Prescott Appraisal Service, Inc. can help you reinstate your HELOC.

We Also Provide Field and Desktop Appraisal Review Services

Have you just received a copy of your appraisal and you would prefer to have a seasoned appraiser double-check it for accuracy or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? Prescott Appraisal Service, Inc. offers field reviews where we'll go out and check the subject and comparables in question. Or, if you need it ASAP, we can 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? Prescott Appraisal Service, Inc. can We can assist you. While typically requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your house.