Attention homeowners in Allen and Collin County: Need an appraisal?

See the top reasons TX homeowners order from Phillips Residential:

  1. To get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. Challenge a property tax assessment
  3. To cut their monthly mortgage payment 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 TX divorce, where real estate property needs to be divided
  7. Determine the true market value of property in question to settle an estate

Need help deciding the value of your house in or near Allen, TX?
Contact Phillips Residential.

We at Phillips Residential understand the individual needs of a consumer in need of appraisal services. Our usual business clients get the appraisal process and the usual documents we provide. Being a regular homeowner that ordinarily doesn't look at appraisals every day,you can expect extra guidance and explanations through the appraisal process to better understand what we do and how we document our findings.

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. The professional appraisers at Phillips Residential will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think your house is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to a seasoned appraiser's value opinion than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. An attractive way to cut costs for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. 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, which will make your monthly payments go down. Phillips Residential is experts in helping customers just like you do away with unwanted PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your house overvalued if your house not appreciating as much as other properties nearby. This means you are most likely paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal report from Phillips Residential is your strongest weapon when challenging your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. Not only can this be inconvenient from a cash flow standpoint, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Phillips Residential can provide you with efficient appraisal to help you reinstate your home equity line of credit.

Need Field and Desktop Appraisal Review Services?

Would you like a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you desire a seasoned professional to double-check your appraisal for precision? An appraiser from Phillips Residential can go out and check the subject and comparables in a field review. Or, if you're in a hurry, we can provide 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 Even though this is usually requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your home.