Attention homeowners in Denver and Jefferson County: Get an Appraisal today!
Here are the top seven reasons CO homeowners call on Deer Creek Appraisals:
Own a house in or near Denver, CO and need help determining the price of it?
At Deer Creek Appraisals, we understand the particular needs of a consumer in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, lawyers, and accountants. Being a regular consumer that probably doesn't see an appraisal every day,you will receive extra guidance and explanations through the appraisal process to understand what we do and how we report our findings.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at Deer Creek Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very valuable as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your house will attract buyers. The appraisal is something concrete 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 assume you have an emotional attachment to your house and will be more likely to give credibility to an accomplished appraiser's value estimation than yours.
Need to remove PMI?
A fashionable way to save money for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is below 80% of the value of your property, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. At Deer Creek Appraisals, we're experienced in helping customers just like you delete unwanted and unneeded PMI insurance.
Challenging a property tax assessment
Your local tax assessor may have your house overvalued if you live in a local area that is going down. That means you are probably paying more taxes than you should. The quicker you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal report from Deer Creek Appraisals is your strongest weapon when contesting your property tax assessment.
HELOC recently frozen?
Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area -- even if your specific property has not declined in value. Not only can this be unsuitable from a cash flow viewpoint, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Deer Creek Appraisals can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Have you just accepted a copy of your appraisal and you would wish to have a veteran appraiser double-check it for preciseness or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. If you're in a hurry, 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 you with a a retrospective review of any appraisal you may have in your possession. While typically requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your home.