There are lots of reasons the public calls on Colorado West Appraisals

Each year, thousands of people in Colorado purchase, sell or refinance their home. Most of these transactions involve a simple line item for an appraisal. And while there are a developing number of automated home valuation systems that might appear more prudent than an appraisal, the majority of lenders still call for a local expert because the stakes are so high. But is obtaining a mortgage the only reason to acquire an appraisal? Are there other situations when the services of a certified, independent real estate professional might be beneficial? Of course.


	Contact Colorado West Appraisals if you're planning on any transaction where the value of your home is a factor. Just click here

Let Colorado West Appraisals help you appeal your tax assessment in Delta County

If you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from Colorado West Appraisals is your best evidence. At Colorado West Appraisals,we can assist you in challenging your tax assessment.

Colorado West Appraisals can help you eliminate PMI to lower your mortgage payment

When the amount being loaned to the homebuyer is more than 80% of the actual value of the home, almost all lenders ask buyers to buy an added insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often folded into the monthly mortgage payment and is promptly forgotten. This is bad because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.

Colorado West Appraisals will give you a statement regarding the value of your home, and the cost of the appraisal can usually be offset in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is often complicated by the troublesome decision of who maintains the house, and it can be a particularly heartbreaking ordeal for both parties. It's a good idea to get an appraisal from Colorado West Appraisals so both parties are fully aware of the true market value of their house, regardless of the situation.

The parties will have a good idea of what price to set, if they want to sell the home. 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 death 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 Market Value for the real estate involved. We ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to handle these matters. A home or other property often makes up an unequal share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Let Colorado West Appraisals help you with relocating to or from Delta County

We understand the headaches associated with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our intensive process, we encourage relocating employees to provide feedback on the positive features of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered.

Don't sell out for too little or let your home stay on the market too long.

Whether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are derived from our efforts to complete the appraisal report and not a percentage of the sales price.

We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate 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 properties stay on the market.