Attention homeowners: Real estate appraisal services for in Draper and Salt Lake County

The top 7 reasons why UT homeowners need Salt Lake Appraising Company:

  1. Find the right listing price (whether you're using a real estate agent or selling the home on your own)
  2. Challenge property tax assessments
  3. Remove PMI to reduce a mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. To review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate

Own a house in or near Draper, UT and need help deciding the price of it?
Contact Salt Lake Appraising Company.

At Salt Lake Appraising Company, we understand the special needs of a customer looking for appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner (FSBO)

Since you have an emotional attachment to your home, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very valuable as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. It's something tangible to show your buyer. An appraisal is an independent third party's opinion of your house's price -- not just how much your home is worth. Potential buyers know you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value report than yours.

Appraisals to remove PMI

An attractive money saver for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is below 80% of the value of your home. In most cases you can apply to a lender to have the PMI canceled from your loan. We're experienced in helping folks just like you delete unnecessary PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your house overvalued if your house is not appreciating as much as other properties close to yours. That only means you are paying more taxes than you should. The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. A professional appraisal from Salt Lake Appraising Company is your strongest weapon when challenging your property tax assessment.

HELOC recently frozen?

If your home is close to a declining area, your lender might just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be disadvantageous from a cash flow viewpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Salt Lake Appraising Company can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you like a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you desire a seasoned professional to double-check your appraisal for verity? In a field review we'll go out and check the subject and comps in question. If you need it ASAP, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal? We can help with that too. Even though this is usually requested by banks, you may want to exploit this service if you suspect mortgage fraud related to your house.