Reasons someone would hire Wyatt's Real Estate & Appraisal Service

Each year, thousands of people in South Dakota buy, sell or refinance their home. Many of these transactions contain a simple line item for an appraisal. Nearly all lenders still call in a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation methods that may appear more prudent than an appraisal. You might assume that getting 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 could come in handy.


	Secure appraisal ordering is easy from Wyatt's Real Estate & Appraisal Service. Email us at wyattre@gwtc.net or call us today at (605) 745-3140.

Let Wyatt's Real Estate & Appraisal Service help you appeal your tax assessment in Fall River County

It's probable you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your house, so if values are less than what they used to be in your area, you can appeal your assessment and save money. When building your case, an appraisal from Wyatt's Real Estate & Appraisal Service is your best evidence. At Wyatt's Real Estate & Appraisal Service, we're qualified to assist you in challenging your tax assessment.

Let Wyatt's Real Estate & Appraisal Service help you do away with PMI to lower your mortgage payment

When the amount being loaned to the home buyer is more than 80% of the actual value of the real estate, most lenders ask buyers to buy an added insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that added payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is bad because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.

Wyatt's Real Estate & Appraisal Service will produce a statement regarding the value of your home, and the expense of the home valuation can often be regained in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce can be an especially traumatic event for both parties, and it is often more complicated by the hard decision of who keeps the property. So both parties are fully aware of the true market value of their home, it's a good idea to order an appraisal from Wyatt's Real Estate & Appraisal Service, regardless of the situation.

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

Fair and accurate estate liquidation with Wyatt's Real Estate & Appraisal ServiceSettling an estate

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.

Most Americans do not have dedicated estate planners or executors to manage these matters, unlike wealthy individuals. A home or other property often makes up an unequal 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 a fair deal.

Wyatt's Real Estate & Appraisal Service can help you with relocating to or from Fall River County

Moving due to a job change is a stressful event. We know where you're coming from. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide remarks on the positive characteristics of their property, along with information about any new sales or listings in their area that they want considered.

Sell your home quickly at the right price

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 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. Our fees are based on our efforts to finish the appraisal report and not a percentage of the sales price.

We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, seeking a professional appraisal is a trusted 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 for an extended amount of time.