Reasons to order an appraisal from WalshStreet Appraisals
Thousands of people in California purchase, sell or refinance their home every year. Many of these transactions contain a simple line item for an appraisal.
And while there are a budding number of automated home valuation processes that may seem less expensive than an appraisal, nearly all lenders still want a local expert because the stakes are very high.
But is getting a mortgage the only reason to get an appraisal? Are there additional cases when the services of a licensed, independent real estate professional might be helpful? You bet.
Order appraisals on this website by simply clicking here.
Let WalshStreet Appraisals help you dispute your tax assessment in Los Angeles County
If you live in an area where the value of property has declined, 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 challenging your tax assessment.
Eliminating PMI will lower your mortgage payment
When the amount being loaned to the home owner is more than 80% of the actual value of the home, nearly all lenders ask homeowners to buy an additional insurance plan. That policy is Private Mortgage Insurance, or PMI.
This additional payment is often folded into the monthly mortgage payment and is soon forgotten.
This is damaging because PMI isn't necessary when the leftover balance 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 approved by the United States Congress requiring lenders to dismiss the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to get rid of PMI, WalshStreet Appraisals will produce a statement regarding the value of your home. The price you paid for the appraisal can usually be regained 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 WalshStreet Appraisals
A divorce is an especially heartbreaking experience for the parties involved, and it is often more complicated by the challenging decision of who keeps the home.
Regardless of the situation, it's a good idea to order an appraisal from WalshStreet Appraisals so both parties are fully aware of the true market value of their house.
The parties will have a better idea of what price to set, if they wish 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.
Fair and accurate estate liquidation with help from WalshStreet AppraisalsSettling an estate
Losing a loved one is a difficult 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.
The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.
Most Americans don't have dedicated estate planners or executors to handle these issues, unlike many wealthy individuals.
And since a home or other property often makes up a disproportionate share of the total estate value, knowing the absolute value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal.
Let WalshStreet Appraisals help you with relocating to or from Los Angeles County
We are familiar with the stress involved with an employee relocation.
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 regarding any new sales or listings in their area that they want considered during our intensive process.
Sell 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 regarding your selling price.
An appraiser has no vested interest in what price the house sells for, unlike real estate agents.
Our fees aren't contingent upon the value we come up with, but rather they are based on our efforts to complete the appraisal.
On a daily basis, we analyze the difference in value items like an extra 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 trusted 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 for an extended amount of time.