Colorado Realty Reports in Pueblo West are hired for diverse clients

To a lot of people, an appraisal is simply one more thing on the settlement sheet for a home sale or refinance. And even though there are a growing number of automated home valuation methods that might appear more prudent than an appraisal, most lenders still call for a local expert because the stakes are very high. But is getting a mortgage the only basis for getting an appraisal? Are there also cases when the services of a certified, independent real estate professional could be beneficial? You bet.


	If you're planning on any transaction where the value of your house is a factor, contact Colorado Realty Reports. Just click here.

Dispute your tax assessment in Pueblo County

If you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Colorado Realty Reports is your best evidence when building your case. We're qualified to assist you in appealing your tax assessment.

Let Colorado Realty Reports help you eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an added insurance plan that many lenders ask homeowners to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. More often than not, this added payment is folded into the monthly mortgage payment and is soon forgotten. This is damaging because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress requiring lenders to eliminate the PMI installments when the balance is paid down to 78% of the original value.

If you'd like to do away with PMI, Colorado Realty Reports can give you a statement regarding the value of your home. The price you paid for the appraisal can usually be regained in a short amount of time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce can be a particularly daunting event for both parties, and it is often more complicated by the hard decision of who maintains the home. It's a good idea to order an appraisal from Colorado Realty Reports so both parties are completely aware of the true market value of their house, regardless of the circumstances.

The parties will have a a good idea of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Trustworthy estate liquidation

The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish 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 utmost degree of discretion.

Unlike wealthier individuals, most Americans don't have dedicated estate planners or executors to manage these matters. A home or other property often makes up a disproportionate 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 leave knowing they've gotten an honest deal.

Colorado Realty Reports can assist you in relocating to or from Pueblo County

Moving due to a job change is a real pain. We know where you're coming from! That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, along with information regarding any new sales or listings in their neighborhood that they want considered during our intensive process.

Sell your home quickly at the right price

A professional appraisal can help you make a better educated decision when determining your selling price, whether you want to sell your home on your own or use the assistance of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are derived from our efforts to perform the appraisal report and and aren't related to the sales price.

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 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 stay on the market.