Why order an appraisal from Scott E. Davis Real Estate Appraiser?To a lot of people, an appraisal just looks like another cost in the long list of items for a home purchase or refinance. Almost all lenders still want a local expert because the stakes are very high, even though there are an increasing number of automated home valuation systems that may appear to be more economical than an appraisal. You might assume that obtaining a mortgage is the only basis for getting an appraisal, but there are additional situations when the services of a certified, independent real estate professional might be beneficial.
Let Scott E. Davis Real Estate Appraiser help you dispute your tax assessment in San Bernardino CountyIt's likely you're paying too much in property taxes if you live in an area where property values have depreciated. Property taxes are determined by a past assessment of your real estate, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. An appraisal from Scott E. Davis Real Estate Appraiser is your best evidence when building your case. At Scott E. Davis Real Estate Appraiser, we're capable of assisting you in appealing your tax assessment.
Let Scott E. Davis Real Estate Appraiser assist you in lowering your mortgage paymentPrivate Mortgage Insurance, or PMI, is a supplemental insurance policy that many lenders ask buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the home. Oftentimes, this added payment is lumped into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark, making this very unfavorable. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, Scott E. Davis Real Estate Appraiser can provide you with a statement regarding the value of your home. The expense of the appraisal can often be recovered in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the difficult decision of who gets the property, and it can be a particularly heartbreaking event for both parties. It's a good idea to get an appraisal from Scott E. Davis Real Estate Appraiser so both parties are fully aware of the true market value of their home, regardless of the situation.
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 gotten 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, guaranteeing the maximum degree of discretion.
Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these affairs. 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 vital importance to ensuring disputing parties walk away knowing they've gotten an honest deal.
Let Scott E. Davis Real Estate Appraiser assist you in relocating to or from San Bernardino CountyWe are familiar with the stress associated with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we suggest employees that are moving to provide remarks on the positive aspects of their property, along with information about any current sales or listings in their area that they want considered.
Selling your home quickly at the right priceWhether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a more informed decision when determining your selling price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees depend on our efforts to finish the appraisal report and not a percentage of the sales price.
We determine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, 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 for an extended amount of time.