Attention homeowners in Mission Viejo and Orange County: Need an appraisal?
See the top seven reasons why CA homeowners call on A.M. Appraisal:
Own a house in or near Mission Viejo, CA and need help determining the price of it?
We at A.M. Appraisal understand the special needs of a customer looking for appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and accountants. As our client, you can expect extra guidance and explanations through the appraisal process to better understand what we do and how we report the results of our analysis.
For Sale By Owner/Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very important as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. It gives you something concrete to show the buyer. It's an independent third party's opinion of your property's price, and not just how much you think your house is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to a qualified appraiser's value conclusion than yours.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular way to cut expenses for homeowners. Once your mortgage loan is less than 80% of the value of your home, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. At A.M. Appraisal, we're experienced in helping consumers just like you abolish undesirable PMI insurance.
Challenge Orange county's assessment of your property
Lets say you live in a local area that is declining -- your local tax assessor may have your house overvalued. That only means you are paying more taxes than you should. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal from A.M. Appraisal is your #1 weapon when contesting your property tax assessment.
Recently got a freeze your HELOC?
Even if your specific property has not declined in value, your lender might choose to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow point of view. A.M. Appraisal can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want a seasoned appraiser to double-check your appraisal for accuracy? We can go out and check the subject and comps in question in a field review. Or, if you need it ASAP, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal report? A.M. Appraisal can help you with that. Even though this is typically requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your property.