Reasons to consider an appraisal from Advantage Appraisal Service IncYear after year, thousands of people in California purchase, sell or refinance their home. Most of these transactions have a simple line item for an appraisal. While there are a developing number of automated home valuation methods that may appear to be cheaper than an appraisal, nearly all lenders still need a local expert because the stakes are very high. Is securing a mortgage the only reason to get an appraisal? Are there additional cases when the services of a licensed, independent real estate professional might be beneficial? Of course there are. 
Challenge your tax assessment in San Bernardino CountyIt's likely you're paying too much in property taxes if you live in an area where property values have declined. Property taxes are determined by a previous assessment of your house, so if values have gone down in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from us is your best evidence. We can assist you in appealing your tax assessment. Get rid of PMI to lower your mortgage paymentWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the property, almost all lenders ask homeowners to buy this added insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often lumped into the monthly mortgage payment and is soon forgotten. This is damaging because PMI becomes unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. Advantage Appraisal Service Inc will give you a statement regarding the value of your home, and the price you paid for the home valuation can usually be recovered in just a few months because you'll no longer be paying the PMI. Get your appraisal from Advantage Appraisal Service Inc Order todaySettle a divorce with fewer hang-upsA divorce is a very traumatic ordeal for the parties involved, and it is often more complicated by the challenging decision of who gets the house. So both parties are entirely aware of the true market value of their home, it's a good idea to get an appraisal from Advantage Appraisal Service Inc, regardless of the situation. If the parties need to sell the home, they'll have a better idea of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Accurate and fair estate liquidationThe loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair 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 highest degree of discretion. Unlike wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these issues. And seeing that a home or other property often makes up a disproportionate share of the total estate value, understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've received a fair deal. Move to or from San Bernardino County through an employee relocation programEmployee relocation is a stressful event, and we understand. That being said, we take great care in establishing an accommodating appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide feedback on the positive attributes of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered. Sell your home promptly — at an accurate priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees aren't a percentage of the sales price, but rather they are calculated on our efforts to finish the appraisal report. On a daily basis, we determine 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, getting a professional appraisal is a reliable way to decide 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. 
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