Let Premier Appraisal of SoCal handle your appraisal needsYear after year, thousands of people in California purchase, sell or refinance their home. Most of these transactions contain a simple line item for an appraisal. Even though there are an increasing number of automated home valuation processes that may appear to be more economical than an appraisal, practically all lenders still call for a local expert because the stakes are very high. You might assume that obtaining a mortgage is the only reason you should get an appraisal, but there are more cases when the services of a licensed, independent real estate professional could come in handy. Dispute your tax assessment in Orange CountyIf you are in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Premier Appraisal of SoCal is your best evidence when building your case. At Premier Appraisal of SoCal, we're qualified to assist you in challenging your tax assessment. Remove PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that almost all lenders ask homeowners to buy when the amount being loaned to the buyer is more than 80% of the actual value of the home. Oftentimes, this extra payment is bundled into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to do away with PMI, Premier Appraisal of SoCal will provide you with a statement regarding the value of your home. The expense of the home valuation can usually be regained in little time because you'll no longer be paying the PMI. Get your appraisal from Premier Appraisal of SoCal Order todaySettle a divorce with less stressA divorce is an especially horrible event for the parties involved, and it is often more complicated by the strenuous decision of who maintains the property. Regardless of the circumstances, it's a good idea to get an appraisal from Premier Appraisal of SoCal so both parties are fully aware of the true market value of their home. The parties will have a clearer picture of what price to set, if they need to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation. Fair and accurate estate liquidationThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion. Most Americans do not have dedicated estate planners or executors to manage these matters, unlike wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Relocate to or from Orange County through an employee relocation programWe know the stress associated with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information about any recent sales or listings in their area that they want considered during our intensive inspection. Sell your home promptly — for the right priceA professional appraisal will help you make a more informed decision when determining your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are calculated on our efforts to complete the appraisal report. On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long propertiesstay on the market. So, seeking a professional appraisal is a reliable way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. |