Home value with local expertise!
Sterling Appraisal Service is located in Summit County, Colorado serving Lake, Park and Summit Counties including Alma, Blue River, Breckenridge, Dillon, Fairplay, Frisco, Keystone, Silverthorne, Montezuma, and Leadville.
We specialize in providing professional residential real estate appraisal services. Appraisal reports are prepared with precision necessary to meet industry requirements.
Assignments can comply with Uniform Standards of Professional Appraisal Practice as well as UAD. Reports can be delivered in AI Ready, XML and pdf.
Like any service, appraisal fees are directly related to the amount of time the appraiser spends in providing the service. The amount of development time varies from one assignment to another even though reports for different assignments may look similar.
While an appraisal assignment involves both development and reporting of assignment results, the client sees only the final appraisal report.
Items that may have additional cost:· Additional consulting· Court testimony· Multiple structures· Complex properties· Oversize Historical properties· Stigmatized properties
Preparing for the Appraisal
Selling or refinancing a home is helped by a smooth appraisal process. Prior to arrival of appraiser, ensure a proper and accurate appraisal by noting the following.
Access
In most cases, lenders want the appraisal to reflect the “as is” status of the property. This means the appraiser needs to have access to all areas of the home. Otherwise, the appraiser will need to make the appraisal “subject to” certain assumptions about areas the appraiser cannot access. Ultimately, the lender may refuse to make the loan.
To facilitate access, you can:
· Make sure all rooms can be entered by the appraiser.
For example, if some family members work nights and sleep days, arrangements will need to be made for the appraiser to view all rooms.
· Ensure appraiser has access to crawlspaces and attics. Access doors must be opened so the appraiser can at least conduct a “head and shoulders” viewing.
· Garages, storage areas, sheds, closets, basements, etc. all must be viewed by the appraiser.
· The appraiser will be taking interior and exterior photographs
Heather has 27 years of experience in Summit, Park and Lake County Colorado gaining knowledge of the market through local living, property management, real estate offices and appraising.
Heather has appraised real estate in Summit County for 20 years.
Legal and Title Issues
No one wants to delay a transaction over legal or title issues. Things like easements or encroachments are often unapparent to the appraiser but show up later when the lender has the legal work prepared.
Depending on the nature of the issue, the lender may then need to contact the appraiser to consider the impact the issue may have on the appraisal, and the appraiser may even need to revisit the property, adding expense and delay to the process.
If you have information on any of the following, please have it available to the appraiser.·
Title work· Information on easements or encroachments·
Copies of permits for additions or recent work on the house·
Property survey· Information on the previous sales history of the home·
Recent tax bill·
Information on private road, if applicable
Other Issues
Generally speaking, the more information available to the appraiser, the faster the process will go.
If you have any of the following information, please have it available for the appraiser. Copies of previous appraisals·
Copies of home inspections·
Copies of current or previous sales agreements· Copies of any current or previous listing agreements·
List of any personal property being sold with the home·
Plans and specifications for original structure and additions, if applicable·
Any other information you feel may be useful to the appraiser such as upgrades/updates to the home
po box 3514 Breckenridge, CO 80424 US
Monday - Friday: 9am - 5pm
Saturday: By appointment
Sunday: Closed