Reasons someone would hire Anderson AppraisalsTo many, an appraisal just looks like a line item in the long list of items for a home purchase or refinance. Almost all lenders still call in a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that may seem more prudent than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there additional times when the services of a certified, independent real estate professional might be helpful? Of course there are.
Let Anderson Appraisals help you dispute your tax assessment in Shasta CountyIt's probable you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your home, so if values have declined in your neighborhood, you can challenge your assessment and save money. An appraisal from Anderson Appraisals is your best evidence when building your case. At Anderson Appraisals, we're capable of assisting you in challenging your tax assessment.
Let Anderson Appraisals help you lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that most lenders ask homeowners to purchase when the amount being loaned to the homebuyer is more than 80% of the actual value of the property. Seeing that extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress invoked 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 do away with PMI, Anderson Appraisals can give you a statement regarding the value of your home. The price you paid for the appraisal can often be regained in little time because you'll no longer be paying the PMI.
An appraisal from Anderson Appraisals will help you settle a divorce with less stressA divorce is often complicated by the difficult decision of who keeps the house, and it can be a particularly traumatic event for both parties. So both parties are entirely aware of the true market value of their house, it's a good idea to order an appraisal from Anderson Appraisals, regardless of the situation.
The parties will have a clearer picture of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.
Trustworthy estate liquidationLosing 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 real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the utmost degree of discretion.
Most Americans don't have dedicated estate planners or executors to take care of these issues, unlike wealthy individuals. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the certain value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.
Anderson Appraisals can help you with relocating to or from Shasta CountyWe know the headaches associated with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our thorough process, we recommend relocating employees to provide remarks on the positive features of their property, along with information regarding any current sales or listings in their area that they want considered.
Don't sell out for too little or keep your home on the market too long.Whether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to perform the appraisal report and not a percentage of the sales price.
We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. Getting a professional appraisal is a trusted 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 houses are one the market.