Why you should get an appraisal from WalshStreet Appraisals
Every year, thousands of people in California buy, sell or refinance their home. Most of these transactions have a simple line item for an appraisal.
Even though there are a budding number of automated home valuation processes that may appear more prudent than an appraisal, the majority of lenders still call for a local expert because the stakes are incredibly high.
You might think that securing a mortgage is the only reason to acquire an appraisal, but there are additional instances when the services of a certified, independent real estate professional might be beneficial.
If you're planning on any transaction where the value of your home is a factor, just contact WalshStreet Appraisals. Just click here.
Challenge your tax assessment in Los Angeles County
It's possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by 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 WalshStreet Appraisals is your best evidence when building your case.
At WalshStreet Appraisals,we can assist you in challenging your tax assessment.
WalshStreet Appraisals can help you get rid of PMI to lower your mortgage payment
When the amount being loaned to the buyer is more than 80% of the actual value of the real estate, nearly all lenders ask home buyers to buy an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI.
Oftentimes, this added payment is bundled into the monthly mortgage payment and is quickly forgotten.
PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate.
In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
WalshStreet Appraisals will provide you with a statement regarding the value of your home, and the expense of the home valuation can generally be recovered 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 often complicated by the hard decision of who gets the house, and it can be a very heartbreaking event for both parties.
So both parties are fully aware of the true market value of their property, it's a good idea to order an appraisal from WalshStreet Appraisals, regardless of the situation.
If the parties need to sell the home, they'll have a a good 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 evaluation.
Fair and accurate 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 entails an appraisal to establish Market Value for the residential property involved.
We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike many wealthy individuals.
A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.
WalshStreet Appraisals can assist you in relocating to or from Los Angeles County
Moving due to a job change can be a real pain, and we understand.
That being said, 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, as well as information about any current sales or listings in their area that they want considered during our thorough process.
Selling your home quickly at the right price with an appraisal from WalshStreet Appraisals
Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision when determining your selling price.
An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents.
Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price.
On a daily basis, we examine the difference in value things like an additional bathroom or a kitchen remodel can make.
And we're experts in knowing how long properties are on the market. So, obtaining a professional appraisal is a reliable way to determine 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.