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Avatar for Rocky Mountain Appraisal Group
Rocky Mountain Appraisal Group
5.0(
1
)
Appraisal - Real Estate

Serving Lehi, UT and surrounding areas

Approved

In business since 2012

Free estimates

Small jobs welcome

We take great pride our experience, expertise, quality and customer service that we provide to meet your needs. It is our mission to provide excellent and reliable appraisal products and complete customer satisfaction. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer a professional manner. Our reputation is based on communication, service, and quality, regardless of how large or small the job. From vacant land, condos and single family homes to cabins, manufactured homes and multi family properties we have seen it all.

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Property Appraiser questions, answered by experts

They provide objective, third-party valuation, guiding fair sales or purchase prices.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

The Lehi, UT homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.