Business Details
28 Years
experience
Professional Residential Real Estate Appraisals in Seattle
Terrascope Appraisal was founded by Washington State Certified Residential Appraiser Michael Eachus, who has specialized in residential real estate valuation since 1998. Our team combines artistic precision with technical expertise, developed through decades of hands-on experience in property assessment and market analysis. As a family-owned business, we prioritize personalized service while maintaining rigorous professional standards for homeowners, mortgage professionals, and legal entities.Our commitment to continuing education ensures proficiency in emerging areas like green building valuation, while our local market knowledge spans King, Pierce, and Snohomish Counties. We maintain approval status with major lenders and government-backed programs like FHA, delivering reports that consistently meet institutional scrutiny. Our electronic workflow reduces environmental impact while accelerating delivery times for client convenience.
Services
Residential Appraisals
PMI Removal
Tax Dispute Appraisals
Estate Valuations
Construction Appraisals
Foreclosure Valuations
Square Footage Measurement
Rental Analysis
Legal Document Appraisals
Pre-Measurement Services
Details
- Year established: 1998
Highlights and features
- 25+ years of residential appraisal experience in the Puget Sound region
- Maintain approval status with FHA and major national lending institutions
- Family-owned business prioritizing personalized client communication
- Specialized expertise in green building valuation techniques
- Consistently deliver reports with zero lender disputes in recent history
What people say
Fastest turnaround time
Dependable and pleasure to work with
No lender questioned appraisals
Approved FHA list inclusion
Prompt and reliable service
Services
Residential Appraisals
Terrascope Appraisal provides certified residential property valuations for mortgage transactions, focusing on single-family homes, condominiums, and small income properties. Our appraisals incorporate detailed property inspections, market analysis, and comparable sales data to deliver accurate, defensible values. Clients benefit from reports that meet institutional lending requirements while maintaining clear explanations of valuation methodology.
PMI Removal
We conduct market value assessments to determine eligibility for Private Mortgage Insurance removal. Our appraisals document current property values against loan balances, using up-to-date market data and property condition analyses. This service helps homeowners eliminate unnecessary insurance costs while ensuring compliance with lender requirements through detailed, defensible reporting.
Tax Dispute Appraisals
Our team prepares valuation documentation to contest property tax assessments when market values fall below county-assessed amounts. We analyze recent sales data, property condition factors, and market trends to build compelling cases for tax reductions. Clients receive comprehensive reports specifically formatted to meet jurisdictional requirements for formal tax appeals.
Construction Appraisals
We provide valuation services for new construction and major renovation projects, including subject-to-completion analyses and final verification inspections. Our appraisals incorporate building plans, material specifications, and market demand projections to estimate post-construction values. This service supports construction lending decisions while ensuring accurate valuation of improvements.
Legal Appraisals
Terrascope Appraisal delivers valuation services for estate settlements, divorce proceedings, and bankruptcy cases requiring impartial property assessments. We conduct date-of-death valuations, equitable distribution analyses, and foreclosure-related appraisals with strict adherence to legal documentation standards. Clients receive detailed reports suitable for court submission and professional scrutiny.
People
Michael Eachus
Chief Appraiser
Washington State Certified Residential Appraiser with 25+ years experience, specializing in residential valuation. Holds BFA from California College of the Arts with expertise in green building assessment and FHA-compliant reporting.
Penny Eachus
Office Administrator
Manages all administrative operations for Terrascope Appraisal, ensuring efficient workflow and client communication. Provides support for appraisal scheduling, report delivery, and business development activities.
Questions
What types of appraisal services do you offer?
We provide residential appraisals for mortgages, PMI removal, tax disputes, estate settlements, divorce proceedings, construction projects, and investment properties across the Puget Sound region.
Are your appraisers certified and approved by lenders?
Michael Eachus is a Washington State Certified Residential Appraiser with FHA qualifications, and our reports are accepted by major national lenders without dispute history.
How quickly can you complete an appraisal assignment?
Typical turnaround times are 3-5 business days, with expedited service available depending on property complexity and scheduling requirements.
Do you serve areas outside Seattle city limits?
We cover King, Pierce, and Snohomish Counties including suburban and rural properties, with additional travel fees applying for locations beyond 25 miles from Seattle.
How do you handle PMI removal appraisals?
We conduct market value analyses to verify 80% loan-to-value ratios, providing lender-compliant reports that document current property conditions and comparable sales data.
