Why you should get an appraisal

To many, an appraisal just looks like another cost in the long list of items for a mortgage or refinance. The majority of lenders still need a local expert because the stakes are so high, even though there are a budding number of automated home valuation processes that may appear to be more economical than an appraisal. You might believe that getting a mortgage is the only reason you should get an appraisal, but there are additional cases when the services of a licensed, independent real estate professional could be beneficial.

Let Slater Real Estate Services help you lower your mortgage payment

Appeal your tax assessment

If you are in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in challenging your tax assessment.

Get rid of PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance plan that many lenders ask buyers to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the home. This extra payment is often folded into the monthly mortgage payment and is quickly forgotten. PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.

Slater Real Estate Services can produce a statement regarding the value of your home, and the expense of the home valuation can often be recovered in little time because you'll no longer be paying the PMI.

Get your appraisal from Slater Real Estate Services

Order today

Get a fair valuation on a home take make a divorce settlement less stressful

A divorce is a particularly daunting event for the parties involved, and it is often more complicated by the strenuous decision of who gets the home. So both parties are fully aware of the true market value of their property, it's a good idea to get an appraisal from Slater Real Estate Services, regardless of the situation.

The parties will have a clearer picture of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Determine an accurate and fair valuation for estate liquidation

The loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for 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 fullest degree of discretion.

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these matters. A home or other property often makes up a disproportionate share of the total estate value, so understanding the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Move to or from Weld County for work

We understand the headaches associated with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, along with information about any current sales or listings in their neighborhood that they want considered during our thorough inspection.

Close on your home promptly — at the right price

A professional appraisal will help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees depend 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. Seeking a professional appraisal is a trusted way to determine 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, because we're experts in knowing how long properties are one the market.

Let Slater Real Estate Services assist you in selling your home quickly at the right price