Need an appraisal in Draper or Salt Lake County?
The top reasons UT homeowners order from Salt Lake Appraising Company:
Own a home in or near Draper, UT and need help determining the value of it?
At Salt Lake Appraising Company, we understand the special needs of a consumer in need of appraisal services. Our usual business clients are used to the appraisal process and the usual documents we provide. Being a consumer that probably doesn't look at appraisals on a regular basis,we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we report our conclusions.
Pre-listing Services/For Sale By Owner
It's very hard to be objective about your own home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Salt Lake Appraising Company, are objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your house will attract many interested buyers, a professional appraisal is a crucial negotiating tool once you have a likely buyer. It gives you something concrete to show the buyer. It's an independent third party's opinion of your home's value, and not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value judgement than yours.
PMI Removal Appraisals
An attractive way to cut expenses for homeowners is to get the PMI removed 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 down below 80% of the value of your home. In most cases you can apply to the lender to have the PMI canceled from your loan. Salt Lake Appraising Company is experts in helping homeowners just like you delete undesirable PMI insurance.
Challenging a property tax assessment
Your local tax assessor may have your house overvalued if you live in a region that's declining or is not appreciating as much as other houses close to yours. That only means you're going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. When contesting your property tax assessment, getting a professional appraisal from Salt Lake Appraising Company is your #1 weapon.
Was your HELOC recently frozen?
If your home is in a declining area, your lender may just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow angle. Salt Lake Appraising Company can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Do you need a seasoned appraiser to double-check your appraisal for preciseness, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. Or, if you need it in a rush, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal? Salt Lake Appraising Company can We can assist you. While typically requested by banks, you may wish to employ this service if you suspect mortgage fraud related to your property.