Reasons to get an appraisal from All City AppraisalTo many, an appraisal just looks like one more thing on the break-sheet for a home purchase or refinance. The majority of lenders still call in a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that might seem cheaper than an appraisal. Is securing a mortgage the only reason to get an appraisal? Are there additional instances when the services of a licensed, independent real estate professional might be helpful? You bet. 
Appeal your tax assessment in Los Angeles CountyIf you are in an area where property values have 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 can assist you in appealing your tax assessment. PMI removal to reduce a mortgage paymentPrivate Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask buyers to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. This added payment is often bundled 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 - falls below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. All City Appraisal can provide you with 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. Get your appraisal from All City Appraisal Order onlineGet a clear valuation on a home for divorce settlementsA divorce can be a very daunting event for both parties, and it is often further complicated by the strenuous decision of who keeps the property. Regardless of the situation, it's a good idea to order an appraisal from All City Appraisal so both parties are entirely aware of the true market value of their house. If the parties want to sell the home, they'll have a a good 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 evaluation. Accurate and fair estate liquidationThe loss 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 Fair Market Value for the residential property involved. We ensure 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 do not have dedicated estate planners or executors to handle these affairs, unlike wealthy individuals. 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 leave knowing they've received an honest deal. Move to or from Los Angeles County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, 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 regarding any current sales or listings in their neighborhood that they want considered during our detailed inspection. Close on your home quickly — at the right priceA professional appraisal will help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they depend on our efforts to complete the appraisal report. We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesare on the market. So, obtaining a professional appraisal is a reliable way to determine 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. 
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