There are lots of reasons the public calls on A J REAL ESTATE APPRAISAL SERVICESTo many, an appraisal just looks like another cost on the settlement sheet for a mortgage or refinance. And even though there are a developing number of automated home valuation processes that may appear to be more economical than an appraisal, the majority of lenders still need a local expert because the stakes are incredibly high. You might think that getting a mortgage is the only reason to get an appraisal, but there are other cases when the services of a certified, independent real estate professional could be helpful.
Challenge your tax assessment in Sacramento CountyIt's likely you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a previous assessment of your house, so if values are less than what they used to be in your area, you can challenge your assessment and save money. An appraisal from A J REAL ESTATE APPRAISAL SERVICES is your best evidence when building your case. At A J REAL ESTATE APPRAISAL SERVICES,we can assist you in challenging your tax assessment.
PMI removal to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance plan that nearly all lenders ask home buyers to buy when the amount being loaned to the home owner is more than 80% of the actual value of the real estate. This added payment is often bundled into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
A J REAL ESTATE APPRAISAL SERVICES can provide you with a statement regarding the value of your home, and the price you paid for the appraisal can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from A J REAL ESTATE APPRAISAL SERVICESA divorce is an especially traumatic ordeal for the parties involved, and it is often even more complicated by the troublesome decision of who maintains the home. It's a good idea to order an appraisal from A J REAL ESTATE APPRAISAL SERVICES so both parties are completely aware of the true market value of their house, regardless of the circumstances.
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 assessment.
Settling an estate with peace of mindThe loss 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 maximum degree of discretion.
Most Americans do not have dedicated estate planners or executors to take care of these matters, unlike wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.
Relocating to or from Sacramento CountyEmployee relocation can be a real pain, and we understand. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our thorough process.
Selling your home quickly at the right price with an appraisal from A J REAL ESTATE APPRAISAL SERVICESA professional appraisal will 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. Separate from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are calculated on our efforts to perform the appraisal report and not a percentage of the sales price.
We determine the difference in value things like an additional 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 an appropriate sales price is for your home so you don't come up short or have your house on the market too long, costing you time and money.