Attention homeowners: Real estate appraisal services for in Irvine and Orange County
Check out the top 7 reasons why California homeowners need Option One Appraisal Services:
We at Option One Appraisal Services understand the unique needs of a consumer seeking appraisal services. Our usual business clients are used to the appraisal process and the customary "products" we deliver to them. As our valued client, we will provide you with extra guidance and explanations through the appraisal process to more fully understand what we do and how we report the results of our analysis.
For Sale by Owner/Pre-Listing ServicesIt's very hard to be objective about your home because you probably have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your property will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. It's something concrete to show the buyer. It's an independent third party's opinion of your home's value, and not just you saying how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to a professional appraiser's value estimation than yours.
Challenging Orange County's assessment of your propertyLet's say you live in a local area that is declining -- your local tax assessor may have your house overvalued. That means you're paying more taxes than you should. The faster you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. A professional appraisal from Option One Appraisal Services is your number one weapon when contesting your property tax assessment.
Need to cancel PMI?Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive way to cut costs for homeowners. Once your mortgage loan amount is down below 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 Option One Appraisal Services, we're experienced in helping consumers just like you delete unwanted PMI insurance.
HELOC recently frozen?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. Not only can this be unsuitable from a cash flow point of view, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Option One Appraisal Services can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?Have you just received a copy of your appraisal and you'd wish to have a seasoned professional double-check it for precision or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. If you need it in a rush, we'll 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? We can help with that too. While typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your home.