Why you should order an appraisal from Apricor, IncTo a lot of people, an appraisal is simply a line item on the break-sheet for a home purchase or refinance. Practically all lenders still call for a local expert because the stakes are very high, even though there are an increasing number of automated home valuation systems that may appear less expensive than an appraisal. But is getting a mortgage the only reason you should get an appraisal? Are there additional times when the services of a licensed, independent real estate professional could come in handy? Absolutely.
Appeal your tax assessment in Los Angeles CountyIf you reside 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 Apricor, Inc is your best evidence. At Apricor, Inc, we're capable of assisting you in challenging your tax assessment.Eliminating PMI will lower your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the home, many lenders ask homeowners to take out an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often folded into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the leftover 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 passed 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.If you'd like to get rid of PMI, Apricor, Inc can produce a statement regarding the value of your home. The cost of the home valuation can usually be recovered 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 Apricor, IncA divorce is often complicated by the difficult decision of who gets the house, and it can be an especially traumatic occurrence for both parties. Regardless of the situation, it's wise to order an appraisal from Apricor, Inc so both parties are entirely aware of the true market value of their home.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. Fair and accurate estate liquidationThe death of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. We guarantee the utmost 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 wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true 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 Apricor, Inc assist you in relocating to or from Los Angeles CountyWe are familiar with the headaches associated with an employee relocation. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage relocating employees to provide feedback on the positive features of their property, along with information regarding any new sales or listings in their neighborhood that they want considered.Let Apricor, Inc help you sell your home quickly at the right priceA professional appraisal will help you make a more informed decision when determining your asking price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are derived from our efforts to complete the appraisal report and not a percentage of the sales price.On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a reliable way to determine 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 - because we're experts in knowing how long homes are one the market. |