Attention homeowners in Draper and Salt Lake County: Need an appraisal?

Here are the top 7 reasons why UT homeowners order from Salt Lake Appraising Company:

  1. To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. To challenge a UT property tax assessment
  3. To reduce their mortgage payments by removing PMI
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. Determine the true market value of real estate in question to settle an estate

Need help deciding the value of your house in or near Draper, UT?
Contact Salt Lake Appraising Company.

We at Salt Lake Appraising Company understand the special needs of a homeowner looking for appraisal services. Our usual business clients understand the appraisal process and the usual documents we provide. Being a regular consumer that most likely doesn't see an appraisal every day,we will give you extra guidance and explanations through the appraisal process to understand what we do and how we document the results of our analysis.

For-Sale-By-Owner (FSBO) / Pre-Listing Services

Since you have an emotional attachment to your home, it's often very hard to be objective about it. The professional appraisers at Salt Lake Appraising Company will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have a potential buyer. It gives you something tangible to show the buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your house is worth. Potential buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to an experienced appraiser's value opinion than yours.

Need to remove PMI?

An attractive way to cut costs for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your home. In most cases you can apply to the lender to have the PMI eliminated from your loan. We are qualified in helping clients just like you remove unneeded PMI insurance.

Challenge Tax Assessment

Lets say your home is not appreciating as much as other homes close to yours -- your local tax assessor may have your home overvalued. This means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be. A professional appraisal from Salt Lake Appraising Company is your #1 weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area. This can be be damaging to your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow standpoint. Salt Lake Appraising Company can provide you with an expert appraisal to help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you desire an expert to double-check your appraisal for efficiency? An appraiser from Salt Lake Appraising Company can go out and check the subject and comps in a field review. If you're in a rush, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal report you may have in your possession. Even though this is typically requested by banks, you may need to exploit this service if you suspect mortgage fraud related to your house.