Attention homeowners in Elko and Elko County: Get an Appraisal today!

The top 7 reasons NV homeowners order from Drake Appraisals:

  1. Get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. To challenge a NV property tax assessment
  3. To reduce your mortgage payments by removing PMI
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. If real estate property needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate in Elko county or NV

Own a house in or near Elko, NV and need help determining the price of it?
Contact Drake Appraisals.

At Drake Appraisals, we understand the unique needs of a homeowner looking for appraisal services. While our typical business 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.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your own home because you most likely have an emotional attachment to it. The professional appraisers at Drake Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your house will attract many interested buyers, a professional appraisal is a crucial negotiating tool once you have a likely buyer. It's something tangible to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just you saying how much your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to a seasoned appraiser's value estimation than yours.

Need to remove PMI?

A fashionable way to cut costs for homeowners is getting 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 home, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Drake Appraisals is qualified in helping customers just like you remove undesirable PMI insurance.

Challenging a property tax assessment

If you live in a region that is going down or is not appreciating as much as other homes close to yours, your local tax assessor may have your house overvalued. 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 things like this, the better. An expert appraisal from Drake Appraisals is your number one weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

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 this be inopportune from a cash flow point of view, and negative on your credit score since it may appear as though that credit line is maxed out. Drake Appraisals can provide you with an expert appraisal to help you reinstate your HELOC.

We Also Provide Field and Desktop Appraisal Review Services

Have you just been handed a copy of your appraisal and you'd wish to have a seasoned professional double-check it for accuracy or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? Drake Appraisals offers field reviews where we go out and check the subject and comps in question. If you're in a rush, 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 We can assist you While usually requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your home.