Attention homeowners in Rapid City and Pennington County: Get an Appraisal today!

The top 7 reasons South Dakota homeowners order from Steinley Real Estate Appraisals:

  1. To 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. Remove PMI to reduce a monthly mortgage payment
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. In the case of a divorce in the state of South Dakota, where real estate property needs to be divided
  7. Determine the true market value of the real estate in question to settle an estate
Need help determining the price of your home in or near Rapid City, South Dakota? Contact Steinley Real Estate Appraisals.

We at Steinley Real Estate Appraisals understand the unique needs of a consumer seeking appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer 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

Since you have an emotional attachment to your house, it's often very hard to be objective about 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 selling price so your home will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have a potential buyer. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to an experienced appraiser's value conclusion than yours.

Challenging property tax assessments

Let's say your house is not appreciating as much as other houses close by -- your local tax assessor may have your home overvalued. This means you're going to pay higher taxes than you should be paying. The sooner you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Steinley Real Estate Appraisals is your #1 weapon when contesting your property tax assessment.

Appraisals to cancel PMI

A preferred way to save money for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is less than 80% of the value of your property, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're experienced in helping people just like you remove unneeded and unwanted PMI insurance.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. Not only can this be annoying from a cash flow angle, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Steinley Real Estate Appraisals can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Have you just received a copy of your appraisal and you'd wish to have a seasoned appraiser double-check it for verity or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? Steinley Real Estate Appraisals offers field reviews where we'll go out and check the subject and comps. Or, if you need it ASAP, we can provide desk review and verify as many facts as we can, using online data sources as well as our own files.

Do you need a retrospective review of an appraisal? Steinley Real Estate Appraisals can help you with that. Even though most appraisal reviews are commissioned by lenders for quality control, homeowners suspecting they've been the victim of mortgage fraud are prudent to get a second opinion.