Reasons to order an appraisalThousands of people in California buy, sell or refinance their home every year. Most of these transactions consist of a simple line item for an appraisal. Even though there are an increasing number of automated home valuation methods that may seem cheaper than an appraisal, nearly all lenders still want a local expert because the stakes are incredibly high. You might believe that securing a mortgage is the only reason to get an appraisal, but there are other times when the services of a licensed, independent real estate professional could be beneficial.
Let Appraising Capital help you dispute your tax assessment in Orange CountyIt's likely you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a previous assessment of your real estate, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from Appraising Capital is your best evidence when building your case. At Appraising Capital, we're capable of assisting you in challenging your tax assessment.
How can you do away with PMI to lower your mortgage payment?Private Mortgage Insurance, or PMI, is an additional insurance policy that nearly all lenders ask home owners to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the real estate. Seeing that additional payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
Appraising Capital will give you a statement regarding the value of your home, and the expense of the home valuation can usually be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Appraising CapitalA divorce is a particularly daunting experience for the parties involved, and it is often more complicated by the strenuous decision of who gets the property. So both parties are fully aware of the true market value of their home, it's a good idea to order an appraisal from Appraising Capital, regardless of the situation.
The parties will have a good idea of what price to set, if they wish to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Trustworthy estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate involved. We guarantee the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to take care of these issues, unlike many wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the correct value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal.
Let Appraising Capital help you with relocating to or from Orange CountyWe are familiar with the headaches associated with an employee relocation. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough process, we suggest employees that are moving to provide remarks on the positive features of their property, along with information about any recent sales or listings in their neighborhood that they want considered.
Selling your home quickly at the right price with an appraisal from Appraising CapitalA professional appraisal can help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. The price we charge isn't a percentage of the sales price, but rather they rest on our efforts to complete the appraisal.
We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Getting 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 - because we're experts in knowing how long houses stay on the market.