Appraisal services for East Greenwich and Kent County homeowners

See the top seven reasons RI homeowners order from Phipps Realty, Inc:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. Challenge a property tax assessment
  3. To cut your mortgage payment by removing PMI
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. In the case of a RI divorce, when property needs to be divided
  7. To settle an estate in RI by determining the true market value of property in question

Own a home in or near East Greenwich, RI and need help determining the value of it?
Contact Phipps Realty, Inc.

At Phipps Realty, Inc, we understand the particular needs of a customer in need of appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For Sale By Owner/Pre-Listing Services

Since you have an emotional attachment to your house, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. It's something tangible to show the buyer. An appraisal is an independent third party's opinion of your house's price -- not just you saying how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to an experienced appraiser's value assessment than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a popular way to save money for homeowners. Once your mortgage loan is less than 80% of the value of your property, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. At Phipps Realty, Inc, we're experienced in helping folks just like you rid yourselves of unnecessary PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your house overvalued if your home not appreciating as much as other homes close to yours. This only means you're probably paying higher taxes than you should be paying. The earlier you take care of a matter 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 appraisal from Phipps Realty, Inc is your #1 weapon.

Recently got a freeze your HELOC?

If your property is near a declining area, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) - 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 annoying from a cash flow standpoint. Phipps Realty, Inc can help you reinstate your home equity line of credit with an expert appraisal.

Do You Need Field and Desktop Appraisal Review Services?

Have you just gotten a copy of your appraisal and you would wish to have a seasoned professional double-check it for efficiency or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. If you need it immediately, we'll provide you with a 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 typically requested by banks, you may need to use this service if you suspect mortgage fraud related to your property.