Let All City Appraisal handle your appraisal needs
Thousands of people in California purchase, sell or refinance their home every year. A lot of these transactions have a simple line item for an appraisal. And while there are a multiplying number of automated home valuation methods that may seem more cost-effective than an appraisal, practically all lenders still want a local expert because the stakes are so high. You might believe that securing a mortgage is the only reason to get an appraisal, but there are more cases when the services of a certified, independent real estate professional might come in handy.
Appeal your tax assessment in Los Angeles County
If you are in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from All City Appraisal is your best evidence when building your case. We're capable of assisting you in challenging your tax assessment.
PMI removal to reduce your mortgage payment
When the amount being loaned to the home owneris more than 80% of the actual value of the property, many lenders ask home owners to purchase this added insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this extra payment is folded into the monthly mortgage payment and is soon forgotten. This is unfavorable because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to get rid of PMI, All City Appraisal can provide you with a statement regarding the value of your home. The price you paid for the appraisal can often be offset in a short amount of time because you'll no longer be paying the PMI.
Order an appraisal from All City AppraisalOrder online
Settle a divorce with fewer hang-ups
A divorce is often complicated by the hard decision of who gets the home, and it can be a particularly traumatic ordeal for both parties. So both parties are completely aware of the true market value of their house, it's a good idea to order an appraisal from All City Appraisal, regardless of the situation.
If the parties wish to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.
Ascertain an accurate and fair valuation for estate liquidation
Losing a loved one is a painful 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 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 don't have dedicated estate planners or executors to handle these matters. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received a fair deal.
Relocate to or from Los Angeles County through an employee relocation program
We know the headaches associated 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 characteristics of their property, along with information about any recent sales or listings in their area that they want considered during our thorough inspection.
Close on your home quickly — at an accurate price
Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision when determining your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees rest on our efforts to finish the appraisal report and not a percentage of the sales price.
On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. 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 an unnecessarily long time, because we're experts in knowing how long homes stay on the market.