Attention homeowners in El Dorado and Butler County: Need an appraisal?

See the top reasons KS homeowners hire Five Star Appraisals:

  1. Find the right listing price (whether you're using a real estate agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. To lower your mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. In the case of a KS divorce, where real estate property needs to be divided
  7. To determine the true market value of property in question to settle an estate in Butler County or the state of KS

Need help deciding the price of your home in or near El Dorado, KS?
Contact Five Star Appraisals.

At Five Star Appraisals, we understand the individual needs of a customer in need of appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of 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 own house, it's often very hard to be objective about it. Professional appraisers, like the ones at Five Star Appraisals, are objective. We'll 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 a very important negotiating tool once you have an interested buyer. The appraisal is something concrete to show your buyer. An appraisal is an independent third party's opinion of your home's value -- not just how much your house is worth. Interested buyers know that you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value estimation than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. A popular way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is down 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. We're veterans in helping homeowners just like you dismiss unwanted PMI insurance.

Challenging property tax assessments

If you live in a local area that is declining or is not appreciating as much as other homes nearby, your local tax assessor may have your house overvalued. This only means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. Getting an appraisal from Five Star Appraisals is your chief weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender may decide to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area. Not only can this be disadvantageous from a cash flow angle, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Five Star Appraisals can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just accepted a copy of your appraisal and you would wish to have a professional double-check it for preciseness or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? Five Star Appraisals offers field reviews where we go out and check the subject and comparables. If you need it ASAP, 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.

Do you need a retrospective review of an appraisal report? Five Star Appraisals can help with that too. Even though this is typically requested by banks, you may need to exploit this service if you suspect mortgage fraud related to your house.