Reasons someone would need Thacker Appraisal ServiceEvery year, thousands of people in Colorado purchase, sell or refinance their home. Most of these transactions consist of a simple line item for an appraisal. Almost all lenders still want a local expert because the stakes are incredibly high, even though there are a developing number of automated home valuation systems that may appear more practical than an appraisal. You might think that obtaining a mortgage is the only basis for getting an appraisal, but there are additional times when the services of a certified, independent real estate professional could come in handy.
Dispute your tax assessment in Jefferson CountyIf you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Thacker Appraisal Service is your best evidence when building your case. At Thacker Appraisal Service,we can assist you in challenging your tax assessment.
How can you do away with PMI to lower your mortgage payment?When the amount being loaned to the buyer is more than 80% of the actual value of the real estate, almost all lenders ask buyers to buy an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is soon forgotten. PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to do away with the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
Thacker Appraisal Service can provide you with a statement regarding the value of your home, and the cost of the home valuation can usually be regained in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce can be an especially traumatic event for both parties, and it is often even more complicated by the strenuous decision of who keeps the home. Regardless of the circumstances, it's prudent to order an appraisal from Thacker Appraisal Service so both parties are entirely aware of the true market value of their house.
If the parties wish 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 gotten a fair assessment.
Trustworthy estate liquidationThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish 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 highest degree of discretion.
Most Americans don't have dedicated estate planners or executors to handle these issues, unlike wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, understanding the correct value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal.
Relocating to or from Jefferson CountyEmployee relocation is a more than just an inconvenience. We know where you're coming from. That's why we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered during our detailed process.
Don't sell out for too little or keep your home on the market too long.Whether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value we report, but rather they are based on our efforts to complete the appraisal.
On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a reliable 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 homes stay on the market.