Let Slater Real Estate Services handle your appraisal needs
Every year, thousands of people in Colorado buy, sell or refinance their home. Many of these transactions include a simple line item for an appraisal. Most lenders still call for a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that might appear to be cheaper than an appraisal. Is getting a mortgage the only reason to acquire an appraisal? Are there additional situations when the services of a licensed, independent real estate professional could come in handy? Of course there are.
Appeal your tax assessment in Weld County
It's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are based upon a past assessment of your home, so if prices have declined in your neighborhood, you can appeal your assessment and save money. An appraisal from Slater Real Estate Services is your best evidence when building your case. At Slater Real Estate Services, we're capable of assisting you in appealing your tax assessment.
Eliminate PMI to lower your mortgage payment
Private Mortgage Insurance, or PMI, is an extra insurance policy that most lenders ask home owners to buy when the amount being loaned to the buyer is more than 80% of the actual value of the property. This extra payment is often folded into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
Slater Real Estate Services will provide you with a statement regarding the value of your home, and the expense of the home valuation can generally be recovered in little time because you'll no longer be paying the PMI.
Get your appraisal from Slater Real Estate ServicesOrder today
Get a clear valuation on a home for divorce settlements
A divorce is often complicated by the difficult decision of who maintains the home, and it can be a very horrible ordeal for both parties. Regardless of the circumstances, it's a good idea to order an appraisal from Slater Real Estate Services so both parties are completely aware of the true market value of their property.
If the parties wish to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Ascertain an accurate and fair valuation for estate liquidation
The death of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
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 an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Relocate to or from Weld County for work
We are aware of the stress associated with an employee relocation. That's why we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, as well as information regarding any current sales or listings in their area that they want considered during our detailed inspection.
Sell your home promptly — for an accurate price
Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price.
We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. 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, because we're experts in knowing how long houses stay on the market.