6 Reasons you should order an appraisal from SUMMIT APPRAISAL SERVICES, LLCThousands of people in Wyoming buy, sell or refinance their home every month. Most of these transactions consist of a simple line item for an appraisal. Almost all lenders still want a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation methods that may appear more practical than an appraisal. You might think that securing a mortgage is the only reason to acquire an appraisal, but there are more cases when the services of a certified, independent real estate professional could come in handy. 
Dispute your tax assessmentIf you are in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. At SUMMIT APPRAISAL SERVICES, LLC, we're equipped to assist you in challenging your tax assessment. Eliminating PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is a supplemental insurance plan that many lenders ask homebuyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the home. Very often, this added payment is lumped into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI becomes unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. SUMMIT APPRAISAL SERVICES, LLC will give you a statement regarding the value of your home, and the expense of the home valuation can usually be recovered in just a few months because you'll no longer be paying the PMI. Order your appraisal from SUMMIT APPRAISAL SERVICES, LLC today Order onlineDivorce settlement with fewer hang-upsA divorce can be a particularly horrible experience for both parties, and it is often more complicated by the hard decision of who keeps the property. Regardless of the circumstances, it's a good idea to order an appraisal from SUMMIT APPRAISAL SERVICES, LLC 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 better idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Ascertain a fair and accurate valuation for estate liquidationThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires 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 utmost degree of discretion. Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike wealthier individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Teton County for workWe know the stress involved with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes 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 quickly — for an accurate priceA professional appraisal can help you make a better educated decision regarding your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price. On a daily basis, we determine the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long homesare on the market. So, getting a professional appraisal is a reliable way to determine what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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