Reasons to get an appraisal from The Appraisal Firm

Thousands of people in California buy, sell or refinance their home each month. A lot of these transactions include a simple line item for an appraisal. While there are a developing number of automated home valuation systems that might appear more economical than an appraisal, practically all lenders still need a local expert because the stakes are very high. But is securing a mortgage the only reason to acquire an appraisal? Are there also instances when the services of a licensed, independent real estate professional might be beneficial? Of course.


	If you're planning on any transaction where the value of your real estate is a factor, just contact The Appraisal Firm. Just click here.

Let The Appraisal Firm help you challenge your tax assessment in San Diego County

If you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from The Appraisal Firm is your best evidence when building your case. We're equipped to assist 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 added insurance policy that many lenders ask homeowners to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the property. Oftentimes, this added payment is bundled into the monthly mortgage payment and is promptly forgotten. This is bad because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met.

The Appraisal Firm will produce a statement regarding the value of your home, and the cost of the home valuation can often be offset in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from The Appraisal Firm

A divorce is a particularly heartbreaking ordeal for the parties involved, and it is often further complicated by the strenuous decision of who keeps the property. So both parties are fully aware of the true market value of their property, it's a good idea to get an appraisal from The Appraisal Firm, regardless of the situation.

If the parties wish to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Accurate and fair estate liquidation with help from The Appraisal FirmSettling an estate

The 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 real estate involved. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to handle these issues. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the precise value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.

The Appraisal Firm can assist you in relocating to or from San Diego County

Employee relocation is a real pain, and we understand. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, along with information regarding any new sales or listings in their area that they want considered during our detailed process.

Selling your home quickly at the right price

A professional appraisal can help you make a better educated decision when determining your asking price, whether you want 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, unlike real estate agents. Our fees are calculated on our efforts to complete the appraisal report and and aren't related to the sales price.

We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes are on the market. So, obtaining 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.