Reasons to order an appraisal from Slater Real Estate ServicesEvery year, thousands of people in Colorado buy, sell or refinance their home. A lot of these transactions consist of a simple line item for an appraisal. And even though there are a developing number of automated home valuation systems that may seem more prudent than an appraisal, the majority of lenders still want a local expert because the stakes are so high. Is getting a mortgage the only reason you should get an appraisal? Are there additional times when the services of a licensed, independent real estate professional might be beneficial? Of course there are. 
Challenge your tax assessment in Weld CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are based upon a previous assessment of your home, so if prices have declined in your area, you can appeal your assessment and save money. An appraisal from Slater Real Estate Services is your best evidence when building your case. We're qualified to assist you in challenging your tax assessment. PMI removal to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance policy that almost all lenders ask home owners to buy when the amount being loaned to the home owner is more than 80% of the actual value of the property. Seeing that added payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Slater Real Estate Services will give you a statement regarding the value of your home. The expense of the home valuation can generally be recovered in just a few months because you'll no longer be paying the PMI. Order an appraisal from Slater Real Estate Services Order onlineDivorce settlement with fewer hang-upsA divorce is a very daunting event for the parties involved, and it is often more complicated by the burdensome decision of who keeps the property. It's a good idea to order an appraisal from Slater Real Estate Services so both parties are entirely aware of the true market value of their home, regardless of the circumstances. If the parties want 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. Determine a fair and accurate valuation for estate liquidationLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the fullest degree of discretion. Most Americans do not have dedicated estate planners or executors to take care of these affairs, unlike wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Relocate to or from Weld County through an employee relocation programWe are familiar with the stress involved with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our detailed inspection, we suggest relocating employees to provide input on the positive characteristics of their property, along with information about any current sales or listings in their area that they want considered. Sell your home quickly — at an accurate priceA professional appraisal will help you make a better educated decision when determining your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, apart from real estate agents. Our fees are based on our efforts to complete the appraisal report and not a percentage of the sales price. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homesstay on the market. So, obtaining a professional appraisal is a trusted way to decide 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. 
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