There are lots of reasons consumers call on Anderson Appraisals

To many, an appraisal just looks like one more thing in the long list of items for a mortgage or refinance. Practically all lenders still want a local expert because the stakes are so high, even though there are a growing number of automated home valuation systems that may appear to be more economical than an appraisal. You might believe that obtaining a mortgage is the only reason to acquire an appraisal, but there are other cases when the services of a licensed, independent real estate professional might be beneficial.


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

Appeal your tax assessment in Kootenai County

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

Anderson Appraisals can help you eliminate PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an extra insurance plan that many lenders ask homeowners to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. Most often, this extra payment is lumped into the monthly mortgage payment and is promptly forgotten. This is bad because PMI isn't required when the remainder 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 eliminate PMI, Anderson Appraisals can provide you with a statement regarding the value of your home. The cost of the home valuation can usually be offset in little 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 gets the house, and it can be a very heartbreaking experience for both parties. Regardless of the circumstances, it's a good idea to order an appraisal from Anderson Appraisals so both parties are fully aware of the true market value of their home.

The parties will have a clearer picture of what price to set, if they need to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Fair and accurate estate liquidation with Anderson AppraisalsSettling an estate

The death of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails 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.

Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike many wealthy individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the absolute value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.

Let Anderson Appraisals assist you in relocating to or from Kootenai County

We are aware of the stress involved with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide input on the positive aspects of their property, along with information regarding any current sales or listings in their area that they want considered.

Selling your home quickly at the right price with an appraisal from Anderson Appraisals

A professional appraisal will help you make a more informed decision regarding your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price.

We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses stay on the market. So, obtaining a professional appraisal is a reliable 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 too long, costing you time and money.