Appraisal services for Sparks and Washoe County homeowners

The top 7 reasons why NV homeowners hire Tom C. Rice:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. Challenge property tax assessments
  3. To lower a mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. If property needs to be divided because of a divorce
  7. Settle an estate in NV by determining the true market value of real estate in question

Need help determining the value of your home in or near Sparks, NV?
Contact Tom C. Rice.

We at Tom C. Rice understand the individual needs of a homeowner in need of appraisal services. Our regular business clients are used to the appraisal process and the standard "products" we deliver to them. But as a general consumer,you'll receive extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our conclusions.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your own 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. In addition to helping you set a realistic price to sell at so your home will attract many interested buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. The appraisal is something tangible to show the buyer. The appraisal is an independent third party's opinion of your property's price, not just you saying how much you think your house is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value report than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a popular way to cut expenses for homeowners. 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 canceled from your loan, which will make your monthly payments go down. At Tom C. Rice, we're veterans in helping consumers just like you do away with unwanted and unneeded PMI insurance.

Challenge property tax assessments

If you live in a region that is declining or is not appreciating as much as other properties close by, your local tax assessor may have your home overvalued. This only means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better off you'll be. An expert appraisal from Tom C. Rice is your number one weapon when challenging your property tax assessment.

HELOC recently frozen?

If your home is close to a declining area, your lender just may 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 harmful to your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow point of view. Tom C. Rice can help you reinstate your home equity line of credit with an expert appraisal.

Need Field and Desktop Appraisal Review Services?

Do you need a seasoned appraiser to double-check your appraisal for precision, or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Tom C. Rice can go out and check the subject and comps in a field review. If you need it immediately, 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.

Do you need a retrospective review of an appraisal report? Tom C. Rice can We can assist you. 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 home.