Attention homeowners: Real estate appraisal services for in Spirit Lake and Kootenai County

Check out the top seven reasons why ID homeowners need Anderson Appraisals:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. Challenge a property tax assessment
  3. To lower your mortgage payments by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. To determine the true market value of real estate in question to settle an estate in ID

Need help deciding the price of your home in or near Spirit Lake, ID?
Contact Anderson Appraisals.

At Anderson Appraisals, we understand the unique needs of a homeowner seeking appraisal services. While our usual clients 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. Our professional appraisers at Anderson Appraisals are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic selling price so your house will attract many interested buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. It's something tangible to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much your home is worth. Interested buyers know you have an emotional attachment to your home and will be much more likely to give credibility to a qualified appraiser's value judgement than yours.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a popular money saver for homeowners. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. We're experienced in helping consumers just like you remove unnecessary PMI insurance.

Challenge Tax Assessment

Lets say you live in a local area that is going down -- your local tax assessor may have your home overvalued. That only means you are going to pay 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. Getting an expert appraisal from Anderson Appraisals is your best weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just may decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. Not only can this be troublesome from a cash flow angle, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Anderson Appraisals can provide you with a professional appraisal that will help you reinstate your home equity line of credit.

Need Field and Desktop Appraisal Review Services?

Would you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire a seasoned professional to double-check your appraisal for precision? We can go out and check the subject and comparables in question in a field review. Or, if you need it in a rush, we can 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 a retrospective review of any appraisal report you may have had in the past. While typically requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your home.