6 Reasons to choose an appraisal from Appraisal Quest Co. (805) 469-3088

Thousands of people in California buy, sell or refinance their home each month. A lot of these transactions contain a simple line item for an appraisal. Almost all lenders still want a local expert because the stakes are very high, even though there are a budding number of automated home valuation processes that may appear to be less expensive than an appraisal. Is securing a mortgage the only reason to acquire an appraisal? Are there more times when the services of a licensed, independent real estate professional could be helpful? Of course there are.

Let Appraisal Quest Co. (805) 469-3088 help you lower your mortgage payment

Challenge your tax assessment

It's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are based upon a past assessment of your real estate, so if values have declined in your area, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. We can assist you in disputing your tax assessment.

Eliminate PMI to lower your mortgage payment

When the amount being loaned to the home buyeris more than 80% of the actual value of the property, many lenders ask home buyers to take out this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often bundled into the monthly mortgage payment and is promptly forgotten. PMI is no longer required 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 implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

Appraisal Quest Co. (805) 469-3088 can give you a statement regarding the value of your home, and the cost of the home valuation can usually be recovered in just a few months because you'll no longer be paying the PMI.

Order your appraisal from Appraisal Quest Co. (805) 469-3088 today

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Divorce settlement with fewer hang-ups

A divorce is often complicated by the difficult decision of who maintains the home, and it can be an especially horrible occurrence for both parties. It's a good idea to get an appraisal from Appraisal Quest Co. (805) 469-3088 so both parties are entirely 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 if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Determine a fair and accurate valuation for estate liquidation

The loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the real estate involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

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 worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten an honest deal.

Relocate to or from Ventura County for work

Employee relocation is a stressful event, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any current sales or listings in their area that they want considered during our intensive inspection.

Sell your home quickly — for an accurate price

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your selling price. An appraiser has no vested interest in what amount the house sells for, unlike 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 analyze the difference in value items like an additional 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 an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.

Let Appraisal Quest Co. (805) 469-3088 help you sell your home quickly at the right price