Attention homeowners: Real estate appraisal services for in Richmond and Fort Bend County

Check out the top 7 reasons TX homeowners use Ferguson Appraisal:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. Challenge a property tax assessment
  3. To cut their mortgage payment by removing PMI
  4. Reinstate your 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. Settle an estate in TX by determining the true market value of property in question

Do you own a home in or near Richmond? Do you need help determining the price of your real estate?
Contact Ferguson Appraisal.

At Ferguson Appraisal, we understand the unique needs of a homeowner in need of appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. But as a consumer,we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.

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

It's very hard to be objective about your house because of your emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very important negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your home will attract buyers. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just you saying how much you think 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 accomplished appraiser's value estimation than yours.

Appraisals to cancel PMI

A preferred money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is 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, which will make your monthly payments go down. At Ferguson Appraisal, we're veterans in helping consumers just like you rid themselves of undesirable PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your house overvalued if you live in a region that's going down. This means you're most likely paying higher taxes than you should be paying. The quicker 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 expert appraisal from Ferguson Appraisal is your #1 weapon.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. This can this be difficult and inconvenient from a cash flow angle, and destructive to your credit score since it may appear as though that credit line is maxed out. Ferguson Appraisal can help you reinstate your home equity line of credit with a professional appraisal.

Do You Need Field and Desktop Appraisal Review Services?

Do you need a veteran appraiser to double-check your appraisal for efficiency, or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? An appraiser from Ferguson Appraisal can go out and check the subject and comparables in question in a field review. 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.

Do you need a retrospective review of an appraisal? Ferguson Appraisal can help with that too. Even though this is typically requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your house.