Residential Appraisal Services

Expert Residential Appraisals at Consolidated Appraisal Services Company

Residential appraisals are crucial for determining a home’s market value. At Consolidated Appraisal Services Company, we specialize in delivering professional, unbiased residential appraisals tailored to meet a variety of needs. Whether you’re looking to refinance your mortgage, secure a home equity loan, list your property, or remove PMI from your mortgage loan, our experienced appraisers provide the highest quality service across the Midwest region.

Here are some of the key scenarios where residential appraisals play a vital role:

Refinance / Home Equity
If your lender allows you to choose your appraisal firm, be sure to request Consolidated Appraisal Services Company. We are often on the “approved list” of many lenders, and if not, we can quickly provide the necessary documentation to gain approval. Our accurate residential appraisals ensure you have a solid foundation for refinancing or securing a home equity loan.

For-Sale-By-Owner (FSBO) / Pre-Listing Services
Selling your home on your own? It’s challenging to remain objective when setting a price due to emotional attachments. A professional residential appraisal provides an impartial evaluation, helping you set a realistic price that attracts buyers. It also serves as a powerful negotiating tool, offering potential buyers a credible, third-party valuation rather than a subjective estimate.

PMI Removal Appraisals
Eliminating Private Mortgage Insurance (PMI) can significantly reduce your monthly mortgage payments. Once your loan balance drops below 80% of your home’s appraised value, you may qualify to remove PMI. Our experienced appraisers help homeowners navigate the process, saving them money by eliminating unnecessary insurance costs.

Additional Residential Appraisal Services

Litigation Support Services: We provide expert appraisals and witness services for real estate disputes, catering to law firms, real estate investors, government agencies, and individual clients.

Real Estate Owned (REO) Appraisals: Our appraisers handle properties acquired through foreclosure or for investment purposes, covering a wide range of property types.

Reverse Mortgage Appraisals: Required for securing a reverse mortgage, our FHA-approved appraisals include comprehensive property inspections and detailed reports.

Relocation Appraisals: We provide anticipated sales price opinions for relocations, involving extensive research to forecast potential sales prices.

FHA Single-Family Interior/Exterior Appraisal Report: This report estimates a property’s market value, adhering to USPAP, Class Valuation National Appraisal Services guidelines, and FHA requirements.

Valuation Services for Lenders: Our services for lenders include portfolio reviews, home equity solutions, and first mortgage valuations across all 50 states.

Conventional Single-Family Interior/Exterior Appraisal Report: Covering single-family homes and accessory units, this report excludes manufactured homes and condos.

Condo/PUD Interior/Exterior Appraisal Repor: Detailed inspections for one-unit condominiums and HOA-regulated community homes.

Multi-Family Appraisal Report: Utilizing the income approach, we assess the value of multi-family properties based on comparable rentals.

Land/Lot Appraisal Report: Evaluates a property’s value based on its current and potential alternative uses.

Operating Income Statement: Included with small residential income property reports for two- to four-unit properties.

Exterior Only Appraisal Report: Focused on the exterior inspection of one-unit properties and PUDs.

Appraisal Update and/or Completion Repor: Determines if a property’s market value has changed since the original appraisal, ensuring accurate loan underwriting.

Field and Desktop Appraisal Review Services: Whether you need an appraisal double-checked for accuracy or a second opinion, our field and desk review services provide thorough evaluations to confirm or dispute original valuations.

Order a residential appraisal with Consolidated Appraisal Services Company today to receive a precise and comprehensive report tailored to your specific needs.