Why would you need an appraisal from D Walk Appraisals?Thousands of people in California buy, sell or refinance their home each month. Many of these transactions have a simple line item for an appraisal. The majority of lenders still call in a local expert because the stakes are very high, even though there are an increasing number of automated home valuation processes that may appear to be more cost-effective than an appraisal. But is securing a mortgage the only reason you should get an appraisal? Are there additional instances when the services of a certified, independent real estate professional could be helpful? Of course.
Appeal your tax assessment in Imperial CountyIt's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your house, so if values have gone down in your area, you can challenge your assessment and save money. When building your case, an appraisal from D Walk Appraisals is your best evidence. We're capable of assisting you in disputing your tax assessment.
How can you eliminate PMI to lower your mortgage payment?When the amount being loaned to the homebuyer is more than 80% of the actual value of the home, almost all lenders ask homeowners to purchase an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is lumped into the monthly mortgage payment and is quickly forgotten. This is bad because PMI isn't necessary when the remainder of the loan - whether through market appreciation or principal pay down - decreases below the 80% level. 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 get rid of PMI, D Walk Appraisals can provide you with a statement regarding the value of your home. The cost of the home valuation can often be regained in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is often complicated by the troublesome decision of who maintains the property, and it can be a very heartbreaking experience for both parties. It's a good idea to order an appraisal from D Walk Appraisals so both parties are entirely aware of the true market value of their property, regardless of the situation.
If the parties wish 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.
Settling an estate with peace of mindLosing 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. We guarantee the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these matters. And since a home or other property often makes up a disproportionate share of the total estate value, understanding the absolute value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal.
Relocating to or from Imperial County?Employee relocation is a real pain. We know where you're coming from. That's why 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, as well as information regarding any recent sales or listings in their neighborhood that they want considered during our thorough process.
Selling your home quickly at the right price with an appraisal from D Walk AppraisalsA professional appraisal can help you make a more informed decision regarding your asking price, whether you want to sell your home on your own or use the assistance of a real estate agent. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees aren't related to the sales price, but rather they depend on our efforts to finish the appraisal.
We analyze the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, getting a professional appraisal is a trusted way to decide 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 too long, costing you time and money.