Getting an appraisal from Robert L Ripp, SRA

Thousands of people in Colorado purchase, sell or refinance their home each year. Most of these transactions contain a simple line item for an appraisal. And even though there are an increasing number of automated home valuation processes that may seem more cost-effective than an appraisal, most lenders still want a local expert because the stakes are so high. You might believe that securing a mortgage is the only basis for getting an appraisal, but there are other cases when the services of a certified, independent real estate professional might come in handy.

When you're planning on any transaction where the likely sales price of your house is a factor, just contact Robert L Ripp, SRA. Just click here

Let Robert L Ripp, SRA help you appeal your tax assessment in Larimer County

It's likely you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are based upon a previous assessment of your house, so if values are less than what they used to be in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Robert L Ripp, SRA is your best evidence. At Robert L Ripp, SRA, we're capable of assisting you in challenging your tax assessment.

Robert L Ripp, SRA can help you do away with PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance plan that nearly all lenders ask home buyers to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate. This added payment is often lumped into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI payments when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, Robert L Ripp, SRA will give you a statement regarding the value of your home. The cost of the home valuation can generally be recovered 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 very daunting ordeal for both parties, and it is often more complicated by the troublesome decision of who keeps the house. So both parties are entirely aware of the true market value of their house, it's a good idea to get an appraisal from Robert L Ripp, SRA, regardless of the situation.

The parties will have a better idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Accurate and fair estate liquidation with Robert L Ripp, SRASettling an estate

The loss of a loved one is a difficult 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.

Most Americans don't have dedicated estate planners or executors to manage these matters, unlike wealthier individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Robert L Ripp, SRA can assist you in relocating to or from Larimer County

We are familiar with the headaches associated with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough process, we suggest relocating employees to provide input on the positive aspects of their property, along with information about any recent sales or listings in their neighborhood that they want considered.

Let Robert L Ripp, SRA assist you in selling your home quickly at the right price

A professional appraisal will help you make a better educated decision when determining your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't contingent upon the value opinion we render, but rather they depend on our efforts to finish the appraisal.

We examine 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 are on the market. So, getting a professional appraisal is a reliable way to decide what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.