Let SUMMIT APPRAISAL SERVICES, LLC serve your appraisal needs

To many, an appraisal is simply another fee in the long list of items for a mortgage or refinance. While there are a multiplying number of automated home valuation processes that may appear to be less expensive than an appraisal, most lenders still call for a local expert because the stakes are incredibly high. Is getting a mortgage the only reason to acquire an appraisal? Are there additional cases when the services of a certified, independent real estate professional might come in handy? You bet.

Let SUMMIT APPRAISAL SERVICES, LLC assist you in lowering your mortgage payment

Contest your tax assessment in Teton County

If you are in an area where the property value has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're capable of assisting you in disputing your tax assessment.

PMI removal to reduce your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance policy that most lenders ask home buyers to buy when the amount being loaned to the homebuyer is more than 80% of the actual value of the home. Seeing that additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is unfavorable because PMI isn't required when the remainder 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 do away with the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to eliminate PMI, SUMMIT APPRAISAL SERVICES, LLC can produce a statement regarding the value of your home. The price you paid for 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 for divorce settlements

A divorce is often complicated by the burdensome decision of who keeps the property, and it can be an especially traumatic experience for both parties. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from SUMMIT APPRAISAL SERVICES, LLC, regardless of the circumstances.

The parties will have a better idea 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 assessment.

Determine an accurate and fair valuation for estate liquidation

The death 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.

Most Americans do not have dedicated estate planners or executors to manage these issues, unlike many wealthy individuals. And since a home or other property often makes up an uneven share of the total estate value, knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Move to or from Teton County for work

We understand the stress involved with an employee relocation. That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive inspection, we encourage relocating employees to provide remarks on the positive aspects of their property, as well as information about any new sales or listings in their neighborhood that they want considered.

Sell your home promptly — at an accurate price

A professional appraisal can 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 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 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.

Let SUMMIT APPRAISAL SERVICES, LLC assist you in selling your home quickly at the right price


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