Why you should order an appraisal from SUMMIT APPRAISAL SERVICES, LLCThousands of people in Wyoming buy, sell or refinance their home every month. A lot of these transactions involve a simple line item for an appraisal. Most lenders still call in a local expert because the stakes are so high, even though there are a growing number of automated home valuation systems that may appear to be cheaper than an appraisal. You might assume that obtaining a mortgage is the only reason to acquire an appraisal, but there are additional times when the services of a licensed, independent real estate professional could come in handy. 
Dispute your tax assessment in Teton CountyIt's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are based upon a previous assessment of your house, so if values are less than what they used to be in your area, you can challenge your assessment and save money. An appraisal from SUMMIT APPRAISAL SERVICES, LLC is your best evidence when building your case. We can assist you in challenging your tax assessment. Removing PMI for mortgage paymentsWhen the amount being loaned to the buyeris more than 80% of the actual value of the real estate, most lenders ask home buyers to purchase this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. This added payment is often bundled into the monthly mortgage payment and is soon forgotten. This is damaging because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was passed 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 can give you a statement regarding the value of your home, and the cost of the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI. Order your appraisal from SUMMIT APPRAISAL SERVICES, LLC today Order onlineSettle a divorce with less stressA divorce can be an especially traumatic ordeal for both parties, and it is often even more complicated by the burdensome decision of who keeps the house. Regardless of the circumstances, it's a good idea to get an appraisal from SUMMIT APPRAISAL SERVICES, LLC so both parties are entirely aware of the true market value of their property. The parties will have a clearer picture of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Determine an accurate and fair valuation for estate liquidationThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP). Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Teton County through an employee relocation programEmployee relocation is a stressful event, and we understand. We take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough inspection, we encourage relocating employees to provide feedback on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered. Close on your home quickly — at the right priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision when determining your selling price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are calculated on our efforts to complete the appraisal report and not a percentage of the sales price. We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate 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 properties stay on the market. 
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