Common Reasons Homeowners Need Appraisal​ Services

Here are the top reasons why property owners call on Wild River Appraisals:

  1. To get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. To reinstate your HELOC (home equity line of credit)
  3. To challenge a property tax assessment
  4. To remove PMI to reduce mortgage payments
  5. To determine the true market value of real estate in question to settle an estate
  6. To determine the true market value of real estate in question because of a divorce
  7. To verify another appraiser's report

Need help deciding the value of your home or property?
Contact Wild River Appraisals

We at Wild River Appraisals understand the unique requirements of a homeowner in need of appraisal services. While our lenders and AMC's understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

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

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. The professional appraisers at Wild River Appraisals will tell you what you need to know -- not just what you want to hear. We are objective and unbiased. In addition to helping you set a realistic selling price so your property will attract interested buyers, a professional appraisal is a very important negotiating tool once you have a potential buyer. The appraisal is something concrete to show your buyer. The appraisal is an independent, impartial third party professional opinion of your home's value, not just you saying how much your house is worth. Interested buyers know you have an emotional attachment to your home and may be far more likely to give credibility to a qualified appraiser's value estimation.

Appraisals to Cancel PMI

PMI stands for Private Mortgage Insurance. A logical way to cut costs for many homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is less than 80% of the value of your property, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're qualified in helping clients just like you dismiss unwanted PMI insurance.

Challenging County Assessment 

Lets say you live in a region that is going down -- your local tax assessor may have your home overvalued. That means you're most likely paying more taxes than you should. While property assessments tend to fluctuate, the sooner you take care of a matter like this, the better. An expert appraisal from Wild River Appraisals is your best weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area -- even if your specific property has not declined in value. This can be be destructive to your credit score since it may appear as though that credit line is maxed out, and also frustrating from a cash flow standpoint. Wild River Appraisals can provide you with an efficient appraisal that may help you reinstate your home equity line of credit.