Attention homeowners: Real estate appraisal services for in Amarillo and Potter County

The top seven reasons why TX homeowners use JE Phillips Appraisals:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. Challenge property tax assessments
  3. Remove PMI to reduce your mortgage payments
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. Settle an estate in TX by determining the true market value of property in question

Own a house in or near Amarillo, TX and need help deciding the value of it?
Contact JE Phillips Appraisals.

At JE Phillips Appraisals, we understand the particular needs of a customer looking for appraisal services. Our customary business clients get the appraisal process and the standard reporting formats. As our client, you'll receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our findings.

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

It's very hard to be objective about your home because you probably have an emotional attachment to it. Professional appraisers, like the ones at JE Phillips Appraisals, are objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is a crucial negotiating tool once you have a likely 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 your house is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to a qualified appraiser's value conclusion than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive way to save money for homeowners. Your monthly payments will go down once your mortgage loan is less than 80% of the value of your house. In most cases you can apply to the lender to have the PMI eliminated from your loan. At JE Phillips Appraisals, we're seasoned in helping people just like you delete unneeded and unwanted PMI insurance.

Challenge Potter county's assessment of your property

Your local tax assessor may have your home overvalued if you live in a local area that's going down. That means you're paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. A professional appraisal from JE Phillips Appraisals is your best weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your property is in 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 inconvenient from a cash flow angle. JE Phillips Appraisals can provide you with an expert appraisal that will help you reinstate your home equity line of credit.

Do You Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you need a seasoned professional to double-check your appraisal for efficiency? An appraiser from JE Phillips Appraisals can go out and check the subject and comps in question in a field review. Or, if you need it in a rush, we can provide you with a 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? JE Phillips Appraisals can We can assist you. Even though this is usually requested by banks, you may want to employ this service if you suspect mortgage fraud related to your home.