Attention homeowners in Mission Viejo and Orange County: Get an Appraisal today!
Here are the top 7 reasons why CA homeowners need Premier Appraisal of SoCal:
Need help deciding the price of your house in or near Orange County?
At Premier Appraisal of SoCal, we understand the unique needs of a consumer in need of appraisal services. While our usual 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.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your own 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 house will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something concrete to show the buyer. It's an independent third party's opinion of your home's price, and not just how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value assessment than yours.
Appraisals to remove PMI
PMI stands for Private Mortgage Insurance. A fashionable way to cut expenses for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is less than 80% of the value of your home, 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 are seasoned in helping customers just like you rid yourselves of unwanted and unneeded PMI insurance.
Challenging property tax assessments
Lets say your home is not appreciating as much as other properties close by -- your local tax assessor may have your home overvalued. That means you are going to pay more taxes than you should. 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. An appraisal report from Premier Appraisal of SoCal is your best 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 might choose to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow point of view. Premier Appraisal of SoCal can provide you with an expert appraisal that will help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Do you need a professional to double-check your appraisal for accuracy, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? Premier Appraisal of SoCal offers field reviews where we go out and check the subject and comparables in question. If you need it ASAP, we'll 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 report? Premier Appraisal of SoCal can help you with that. While usually requested by banks, you may desire to make use of this service if you suspect mortgage fraud related to your house.