Attention homeowners in Herriman and Salt Lake County: Get an Appraisal today!

The top 7 reasons UT homeowners order from Todd Spencer Appraising, Inc.:

  1. Get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. Challenge property tax assessments
  3. To reduce a monthly mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. To settle an estate in UT by determining the true market value of real estate in question

Own a house in or near Herriman, UT and need help determining the value of it?
Contact Todd Spencer Appraising, Inc..

We at Todd Spencer Appraising, Inc. understand the special needs of a homeowner in need of appraisal services. While our typical 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.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your own home because you most likely have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have a potential buyer. The appraisal is something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much you think your home is worth. Interested buyers know you have an emotional attachment to your home and will be far more likely to give credibility to a qualified appraiser's value assessment than yours.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive way to save money for homeowners. Once your mortgage loan amount is below 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. At Todd Spencer Appraising, Inc., we're experienced in helping homeowners just like you rid yourselves of unneeded and unwanted PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your home overvalued if you live in a region that is going down or is not appreciating as much as other properties close to yours. This means you are going to pay higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better off you'll be. Getting an appraisal from Todd Spencer Appraising, Inc. is your number one weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender just 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 this be disadvantageous from a cash flow standpoint, and negative on your credit score since it may appear as though that credit line is maxed out. An appraisal from Todd Spencer Appraising, Inc. can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Have you just gotten a copy of your appraisal and you'd wish to have a seasoned expert double-check it for precision or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. If you need it immediately, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal? We can We can assist you While usually requested by banks, you may want to exploit this service if you suspect mortgage fraud related to your property.