Let Springs Appraisals Inc handle your appraisal needs

Thousands of people in Colorado purchase, sell or refinance their home each year. Most of these transactions include a simple line item for an appraisal. Practically all lenders still want a local expert because the stakes are incredibly high, even though there are a budding number of automated home valuation systems that might appear to be more prudent than an appraisal. You might believe that getting a mortgage is the only basis for getting an appraisal, but there are other times when the services of a licensed, independent real estate professional might be beneficial.

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Contest your tax assessment in El Paso County

If you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Springs Appraisals Inc is your best evidence when building your case. At Springs Appraisals Inc, we're capable of assisting you in appealing your tax assessment.

PMI removal to reduce a mortgage payment

When the amount being loaned to the home buyeris more than 80% of the actual value of the home, nearly all lenders ask home owners to purchase this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is damaging because PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met.

Springs Appraisals Inc can produce a statement regarding the value of your home, and the expense of the home valuation can usually be recovered in little time because you'll no longer be paying the PMI.

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Get a fair valuation on a home take make a divorce settlement less stressful

A divorce can be an especially traumatic experience for both parties, and it is often further complicated by the challenging decision of who gets the house. So both parties are fully aware of the true market value of their house, it's a good idea to get an appraisal from Springs Appraisals Inc, regardless of the circumstances.

If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Accurate and fair estate liquidation

The loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for 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 highest degree of discretion.

Most Americans do not have dedicated estate planners or executors to handle these issues, unlike wealthier individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've gotten an honest deal.

Relocate to or from El Paso County through an employee relocation program

We know the headaches associated with an employee relocation. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we recommend relocating employees to provide feedback on the positive characteristics of their property, as well as information about any new sales or listings in their area that they want considered.

Sell your home quickly — at the right price

A professional appraisal can help you make a better educated decision when determining your asking price, whether you want to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't related to the sales price, but rather they are based on our efforts to complete the appraisal report.

We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a trusted 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, because we're experts in knowing how long houses are one the market.

Let Springs Appraisals Inc assist you in selling your home quickly at the right price