Why you should order an appraisal from Appraise Colorado Inc
To a lot of us, an appraisal just looks like a line item on the break-sheet for a home sale or refinance. Practically all lenders still need a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation processes that might appear to be more prudent than an appraisal. You might think that obtaining a mortgage is the only reason you should get an appraisal, but there are additional times when the services of a licensed, independent real estate professional could come in handy.
Appeal your tax assessment
If you reside in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At Appraise Colorado Inc, we're qualified to assist you in appealing your tax assessment.
PMI removal to lower a mortgage payment
Private Mortgage Insurance, or PMI, is a supplemental insurance plan that most lenders ask homeowners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. This extra payment is often lumped into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to do away with PMI, Appraise Colorado Inc will give you a statement regarding the value of your home. The price you paid for the appraisal can generally be recovered in a short amount of time because you'll no longer be paying the PMI.
Order an appraisal from Appraise Colorado IncOrder online
Settle a divorce with less stress
A divorce is an especially daunting ordeal for the parties involved, and it is often further complicated by the strenuous decision of who keeps the home. It's a good idea to order an appraisal from Appraise Colorado Inc so both parties are fully aware of the true market value of their house, regardless of the circumstances.
The parties will have a clearer picture of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Fair and accurate estate liquidation
Losing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.
Unlike many wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Move to or from Douglas County through an employee relocation program
Employee relocation is a stressful event, and we understand. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, as well as information about any new sales or listings in their area that they want considered during our detailed inspection.
Sell your home promptly — for an accurate price
A professional appraisal can help you make a better educated decision regarding your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are based on our efforts to complete the appraisal report and not a percentage of the sales price.
We examine the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesare on the market. So, obtaining a professional appraisal is a reliable way to decide what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.