There are lots of reasons consumers call on South Placer Appraisal ServicesThousands of people in California purchase, sell or refinance their home each month. A lot of these transactions contain a simple line item for an appraisal. While there are a multiplying number of automated home valuation processes that may appear to be more cost-effective than an appraisal, almost all lenders still want a local expert because the stakes are incredibly high. But is obtaining a mortgage the only reason to get an appraisal? Are there more cases when the services of a certified, independent real estate professional might be helpful? You bet.
Appeal your tax assessment in Placer CountyIf you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from South Placer Appraisal Services is your best evidence. We're equipped to assist you in disputing your tax assessment.
Let South Placer Appraisal Services help you do away with PMI to lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the real estate, most lenders ask homebuyers to buy an added insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often lumped into the monthly mortgage payment and is quickly forgotten. PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to eliminate the PMI payments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to eliminate PMI, South Placer Appraisal Services will produce a statement regarding the value of your home. The cost of the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
An appraisal from South Placer Appraisal Services will help you settle a divorce with less stressA divorce is often complicated by the strenuous decision of who keeps the property, and it can be a particularly heartbreaking experience for both parties. Regardless of the circumstances, it's prudent to order an appraisal from South Placer Appraisal Services so both parties are entirely aware of the true market value of their property.
The parties will have a a good idea of what price to set, if they wish 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.
Settling an estate with peace of mindThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion.
Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. And since a home or other property often makes up an unequal share of the total estate value, understanding the certain value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten a fair deal.
Relocating to or from Placer CountyWe know the stress involved with an employee relocation. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, as well as information regarding any new sales or listings in their neighborhood that they want considered during our thorough process.
Selling your home quickly at the right priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your asking price. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. The price we charge isn't contingent upon the value opinion we render, but rather they rest on our efforts to finish the appraisal.
On a daily basis, we analyze the difference in value things like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, obtaining a professional appraisal is a trusted way to decide what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.