Ordering an appraisal from RAMCO Valuation Corp (323) 753-8798To many, an appraisal just looks like one more thing on the settlement sheet for a home purchase or refinance. The majority of lenders still call in a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation processes that may appear less expensive than an appraisal. But is getting a mortgage the only reason to acquire an appraisal? Are there more situations when the services of a licensed, independent real estate professional might be helpful? Absolutely.
Appeal your tax assessment in Los Angeles CountyIf you reside in an area where property values have depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from RAMCO Valuation Corp (323) 753-8798 is your best evidence. At RAMCO Valuation Corp (323) 753-8798,we can assist you in appealing your tax assessment.
Let RAMCO Valuation Corp (323) 753-8798 help you lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the property, many lenders ask homeowners to buy an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually folded into the monthly mortgage payment, it is often forgotten. This is unfortunate because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to do away with PMI, RAMCO Valuation Corp (323) 753-8798 will provide you with a statement regarding the value of your home. The price you paid for the appraisal can generally be recovered in just a few months because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce is a particularly daunting ordeal for the parties involved, and it is often more complicated by the burdensome decision of who gets the house. It's a good idea to order an appraisal from RAMCO Valuation Corp (323) 753-8798 so both parties are fully aware of the true market value of their property, regardless of the circumstances.
The parties will have a better idea of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.
Settling an estate with peace of mindThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.
Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to handle these matters. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the certain value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocating to or from Los Angeles CountyWe are aware of the stress involved with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough process, we suggest employees that are moving to provide input on the positive attributes of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered.
Sell your home quickly at the right priceA professional appraisal will help you make a more informed decision regarding your selling 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, unlike real estate agents. Our fees aren't contingent upon the value we report, but rather they rest on our efforts to complete the appraisal.
We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking 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 - because we're experts in knowing how long houses are one the market.