Attention homeowners in Bellevue and King County: Get an Appraisal today!

The top 7 reasons WA homeowners use Perry Chiu:

  1. Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
  2. Challenge King county's assessment of your property
  3. Remove PMI to lower their monthly mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. To settle an estate in King county or WA by determining the true market value of property in question

Need help deciding the price of your house in or near Bellevue, WA?
Contact Perry Chiu.

At Perry Chiu, we understand the special needs of a consumer after appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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 (FSBO)/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 Perry Chiu are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have an attainable buyer. It's something tangible to show your buyer. It's an independent third party's opinion of your house's value, and not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value judgement than yours.

Appraisals to cancel PMI

An attractive way to cut expenses for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your house. In most cases you can apply to your lender to have the PMI removed from your loan. We are experienced in helping people just like you rid themselves of unneeded and unwanted PMI insurance.

Challenging King county's assessment of your property

Lets say you live in a local area that is declining -- your local tax assessor may have your home overvalued. This only means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better. When contesting your property tax assessment, getting an appraisal report from Perry Chiu is your strongest weapon.

HELOC recently frozen?

If your home is in a declining area, your lender just might decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be damaging to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow viewpoint. Perry Chiu can provide you with a professional appraisal to help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Do you need a professional to double-check your appraisal for precision, or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? Perry Chiu offers field reviews where we'll go out and check the subject and comps. If you need it immediately, we'll 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 We can assist you Even though this is usually requested by banks, you may desire to take advantage of this service if you suspect mortgage fraud related to your home.