Why you should get an appraisal from Good Appraisal Services, Inc.To many, an appraisal just looks like another fee in the long list of items for a home purchase or refinance. Almost all lenders still call for a local expert because the stakes are very high, even though there are a multiplying number of automated home valuation processes that may seem less expensive than an appraisal. Is obtaining a mortgage the only reason you should get an appraisal? Are there also situations when the services of a certified, independent real estate professional could be beneficial? You bet. ![]() Challenge your tax assessmentIf you reside in an area where the property value has declined, it's possible you're paying too much in property taxes. An appraisal from Good Appraisal Services, Inc. is your best evidence when building your case. We're equipped to assist you in disputing your tax assessment. Removing PMI for mortgage paymentsWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the property, most lenders ask home owners to take out this supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. This additional payment is often lumped into the monthly mortgage payment and is soon forgotten. This is damaging because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level. In fact, the Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress requiring lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. Good Appraisal Services, Inc. will produce a statement regarding the value of your home, and the price you paid for the home valuation can often be regained in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Good Appraisal Services, Inc. Order onlineGet a clear valuation on a home take make a divorce settlement less stressfulA divorce is an especially daunting experience for the parties involved, and it is often even more complicated by the hard decision of who maintains the home. Regardless of the circumstances, it's a good idea to order an appraisal from Good Appraisal Services, Inc. so both parties are completely aware of the true market value of their house. The parties will have a a good idea of what price to set, if they want 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 liquidationThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate 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 handle these affairs, unlike many wealthy individuals. And since a home or other property often makes up an unequal share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal. Relocate to or from Riverside County for workEmployee relocation can be a stressful event, and we understand. We take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive features of their property, as well as information regarding any recent sales or listings in their area that they want considered during our detailed inspection. Sell your home promptly — for the right priceWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are calculated on our efforts to complete the appraisal report. On a daily basis, we examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long propertiesstay on the market. So, getting a professional appraisal is a trusted way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. ![]() |