Reasons to get an appraisal from SUMMIT APPRAISAL SERVICES, LLCTo many, an appraisal is simply another fee in the long list of items for a home purchase or refinance. Even though there are a budding number of automated home valuation systems that might seem cheaper than an appraisal, almost all lenders still call for a local expert because the stakes are so high. Is obtaining a mortgage the only basis for getting an appraisal? Are there additional instances when the services of a licensed, independent real estate professional could be beneficial? Of course. 
Dispute your tax assessment in Teton CountyIf you reside 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 capable of assisting you in appealing your tax assessment. PMI removal to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that most lenders ask homeowners to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Oftentimes, this added payment is lumped into the monthly mortgage payment and is quickly forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, SUMMIT APPRAISAL SERVICES, LLC can give you a statement regarding the value of your home. The cost of the home valuation can usually be offset in little time because you'll no longer be paying the PMI. Get your appraisal from SUMMIT APPRAISAL SERVICES, LLC Order onlineDivorce settlement with less stressA divorce is often complicated by the strenuous decision of who keeps the home, and it can be a particularly horrible experience for both parties. 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 home, regardless of the situation. If the parties need to sell the home, they'll have a a good idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Accurate and fair 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. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. 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 essential importance to ensuring disputing parties leave knowing they've received an honest deal. Relocate to or from Teton County through an employee relocation programEmployee relocation can be a stressful event, and we understand. We take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide input on the positive aspects of their property, along with information about any recent sales or listings in their area that they want considered. Sell your home promptly — at an accurate priceA professional appraisal can help you make a more informed decision when determining your selling price, whether you want to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price. We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a trusted way to decide what improvements will add value and what a suitable 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 homes stay on the market. 
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