Need an appraisal in Draper or Salt Lake County?
The top seven reasons UT homeowners need Salt Lake Appraising Company:
Need help determining the price of your home in or near Draper, UT?
We at Salt Lake Appraising Company understand the unique needs of a customer after appraisal services. Our customary business clients are used to the appraisal process and the customary "products" we deliver to them. But as a consumer,you will receive extra guidance and explanations through the appraisal process to understand what we do and how we document our findings.
Pre-listing Services/For Sale By Owner
It's very hard to be objective about your house because you probably have an emotional attachment to it. Professional appraisers, like the ones at Salt Lake Appraising Company, are objective. We will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is a crucial negotiating tool once you have an interested buyer. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's value -- not just you saying how much you think your house is worth. Interested buyers know that you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value conclusion than yours.
Need to cancel PMI?
PMI stands for Private Mortgage Insurance. A popular way to save money for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your house. In most cases you can apply to the lender to have the PMI removed from your loan. At Salt Lake Appraising Company, we're veterans in helping clients just like you delete unneeded and unwanted PMI insurance.
Challenging property tax assessments
Lets say your house is not appreciating as much as other homes close by -- your local tax assessor may have your house overvalued. That only means you're paying more taxes than you should. The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal from Salt Lake Appraising Company is your #1 weapon.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. Not only can this be annoying from a cash flow viewpoint, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from Salt Lake Appraising Company can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Do you need a seasoned expert to double-check your appraisal for verity, or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. If you're in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide a retrospective review of any appraisal report you may have had done before. Even though this is usually requested by banks, you may wish to use this service if you suspect mortgage fraud related to your house.