Attention homeowners: Real estate appraisal services for in Los Angeles and Los Angeles County
Check out the top 7 reasons why CA homeowners call on Appraisal West:
Own a home in or near Los Angeles, CA and need help determining the value of it?
We at Appraisal West understand the unique needs of a homeowner seeking appraisal services. Our usual business clients understand the appraisal process and the customary documents we provide. Being a homeowner that ordinarily doesn't see an appraisal every day,we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we present our conclusions.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at Appraisal West will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your house will attract buyers. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just you saying how much you think your home is worth. Interested buyers assume you have an emotional attachment to your home and will be far more likely to give credibility to an experienced appraiser's value assessment than yours.
Appraisals to remove PMI
PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your property. In most cases you can apply to your lender to have the PMI removed from your loan. At Appraisal West, we're experienced in helping clients just like you rid yourselves of unwanted and unneeded PMI insurance.
Challenge Los Angeles county's assessment of your property
Lets say your home is not appreciating as much as other houses close to yours -- your local tax assessor may have your house overvalued. This means you're probably paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal from Appraisal West is your #1 weapon when contesting your property tax assessment.
Was your HELOC recently frozen?
If your house is close to a declining area, your lender just may choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow standpoint. An expert appraisal from Appraisal West can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Do you need a seasoned appraiser to double-check your appraisal for precision, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? Appraisal West offers field reviews where we go out and check the subject and comparables. If you're in a rush, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide a retrospective review of any appraisal report you may have had in the past. Even though this is usually requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your property.