6 Reasons to consider an appraisal from Good Appraisal Services, Inc.Thousands of people in California purchase, sell or refinance their home each month. Most of these transactions involve a simple line item for an appraisal. Nearly all lenders still call in a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation systems that might seem less expensive than an appraisal. Is getting a mortgage the only reason to get an appraisal? Are there also cases when the services of a certified, independent real estate professional could come in handy? Of course there are. ![]() Dispute your tax assessment in Riverside CountyIf you live 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 can assist you in challenging your tax assessment. PMI removal to reduce a mortgage paymentWhen the amount being loaned to the home owneris more than 80% of the actual value of the property, most lenders ask homeowners to take out this extra insurance policy. That policy is Private Mortgage Insurance, or PMI. This extra payment is often lumped 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 - falls below the 80% level, 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 do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to eliminate PMI, Good Appraisal Services, Inc. will produce a statement regarding the value of your home. The cost of the appraisal can usually be offset in little time because you'll no longer be paying the PMI. Order your appraisal from Good Appraisal Services, Inc. today Order onlineSettle a divorce with less stressA divorce is often complicated by the challenging decision of who gets the property, and it can be a very horrible ordeal for both parties. 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 property, regardless of the situation. If the parties need 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 received a fair evaluation. Fair and accurate estate liquidationLosing 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 residential property involved. We guarantee the highest 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 manage these issues, unlike wealthy individuals. And since a home or other property often makes up a disproportionate share of the total estate value, 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. Move to or from Riverside County for workEmployee relocation is a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information regarding any new sales or listings in their area that they want considered during our intensive inspection. Close on your home quickly — for the right priceA professional appraisal can help you make a better educated decision regarding your selling 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 price the house sells for, apart from real estate agents. Our fees aren't related to the sales price, but rather they rest on our efforts to finish 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 housesstay on the market. So, seeking 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. ![]() |