Attention homeowners in Madison and Lake County: Get an Appraisal today!

The top 7 reasons why SD homeowners need Goth Appraisals:

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

Own a home in or near Madison, SD and need help deciding the value of it?
Contact Goth Appraisals.

We at Goth 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 (FSBO)

It's very hard to be objective about your house because of your emotional attachment to it. Professional appraisers, like the ones at Goth Appraisals, are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is a very important negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. It's something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just how much your house is worth. Interested buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value estimation than yours.

Need to cancel PMI?

PMI stands for Private Mortgage Insurance. A fashionable way to save money for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your home. In most cases you can apply to your lender to have the PMI removed from your loan. At Goth Appraisals, we're seasoned in helping folks just like you abolish unneeded and unwanted PMI insurance.

Challenge Lake county's assessment of your property

If you live in a region that is going down or is not appreciating as much as other homes close to yours, your local tax assessor may have your house overvalued. This only means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be. An appraisal from Goth Appraisals is your strongest weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

Your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can this be difficult from a cash flow viewpoint, and destructive to your credit score since it may appear as though that credit line is maxed out. Goth Appraisals can provide you with an expert appraisal that will help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you need an expert to double-check your appraisal for precision? We can go out and check the subject and comparables in question in a field review. 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.

We can also provide you with a a retrospective review of any appraisal you may have had done before. While typically requested by banks, you may want to employ this service if you suspect mortgage fraud related to your home.