Why you should order an appraisal from Wheatland Appraisal Service

To many, an appraisal is simply one more thing on the break-sheet for a home sale or refinance. Even though there are an increasing number of automated home valuation methods that may appear to be more cost-effective than an appraisal, the majority of lenders still call for a local expert because the stakes are so high. But is getting a mortgage the only reason to acquire an appraisal? Are there also situations when the services of a licensed, independent real estate professional could be beneficial? You bet there are.

Contact Wheatland Appraisal Service if you're planning on any transaction where the value of your house is a factor. Just click here

Appeal your tax assessment in Ford County

If you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Wheatland Appraisal Service is your best evidence when building your case. At Wheatland Appraisal Service, we're capable of assisting you in challenging your tax assessment.

PMI removal will lower your mortgage payment

When the amount being loaned to the home buyer is more than 80% of the actual value of the real estate, many lenders ask homebuyers to buy an added insurance plan. That policy is Private Mortgage Insurance, or PMI. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to do away with the PMI payments when the balance is paid down to 78% of the original value.

Wheatland Appraisal Service can provide you with a statement regarding the value of your home, and the expense of the home valuation can usually be offset in just a few months because you'll no longer be paying the PMI.

An appraisal from Wheatland Appraisal Service will help you settle a divorce with less stress

A divorce is a particularly daunting ordeal for the parties involved, and it is often more complicated by the difficult decision of who keeps the house. It's a good idea to get an appraisal from Wheatland Appraisal Service so both parties are entirely aware of the true market value of their house, regardless of the circumstances.

The parties will have a clearer picture of what price to set, if they want to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Settling an estate with peace of mind

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. We guarantee 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 do not have dedicated estate planners or executors to manage these matters. And since a home or other property often makes up an uneven share of the total estate value, understanding the absolute value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.

Relocating to or from Ford County?

Moving due to a job change can be a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information about any current sales or listings in their neighborhood that they want considered during our thorough process.

Selling your home quickly at the right price

Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are calculated on our efforts to perform the appraisal report and not a percentage of the sales price.

We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a reliable way to determine 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 are one the market.