Reasons to order an appraisal

To a lot of us, an appraisal is simply one more thing in the long list of items for a mortgage or refinance. Practically all lenders still need a local expert because the stakes are so high, even though there are a budding number of automated home valuation methods that may appear more cost-effective than an appraisal. But is securing a mortgage the only reason to get an appraisal? Are there other cases when the services of a certified, independent real estate professional might come in handy? You bet there are.

For real estate appraisals in Los Angeles and Los Angeles County, it's easiest when your order online from WalshStreet Appraisals, just click here.

Let WalshStreet Appraisals help you appeal your tax assessment in Los Angeles County

If you live in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from WalshStreet Appraisals is your best evidence. At WalshStreet Appraisals,we can assist you in appealing your tax assessment.

Let WalshStreet Appraisals assist you in lowering your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask home buyers to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the real estate. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is bad because PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to do away with the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

WalshStreet Appraisals can provide you with a statement regarding the value of your home, and the expense of the home valuation can usually be regained in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from WalshStreet Appraisals

A divorce is a particularly traumatic experience for the parties involved, and it is often more complicated by the hard decision of who maintains the house. Regardless of the situation, it's wise to get an appraisal from WalshStreet Appraisals so both parties are completely aware of the true market value of their property.

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

Accurate and fair estate liquidation with WalshStreet AppraisalsSettling an estate

The death of a loved one is a painful 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the maximum degree of discretion.

Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the absolute value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received a fair deal.

Let WalshStreet Appraisals help you with relocating to or from Los Angeles County

Employee relocation can be a stressful event, and we understand. We take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive attributes of their property, as well as information about any recent sales or listings in their area that they want considered during our thorough process.

Let WalshStreet Appraisals help you sell your home quickly at the right price

A professional appraisal can help you make a more informed decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. With much different interests than a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't contingent upon the value opinion we render, but rather they are based 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 homes are on the market. So, seeking 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 too long, costing you hassle and money.