There are lots of reasons the public calls on Option One Appraisal ServicesThousands of people in California purchase, sell or refinance their home every year. Most of these transactions have a simple line item for an appraisal. The majority of lenders still need a local expert because the stakes are so high, even though there are a budding number of automated home valuation processes that might appear more prudent than an appraisal. But is obtaining a mortgage the only reason to get an appraisal? Are there also cases when the services of a licensed, independent real estate professional might be helpful? Absolutely.
Let Option One Appraisal Services help you dispute your tax assessment in Orange CountyIt's likely 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 real estate, so if values are less than what they used to be in your area, you can challenge your assessment and save money. When building your case, an appraisal from Option One Appraisal Services is your best evidence. At Option One Appraisal Services,we can assist you in appealing your tax assessment.
Let Option One Appraisal Services help you do away with PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an added insurance policy that most lenders ask homeowners to buy when the amount being loaned to the buyer is more than 80% of the actual value of the property. This added payment is often lumped into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% level, making this very unfavorable. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI installments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, Option One Appraisal Services can provide you with a statement regarding the value of your home. The cost of the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a very daunting event for both parties, and it is often more complicated by the troublesome decision of who gets the property. So both parties are fully aware of the true market value of their home, it's a good idea to order an appraisal from Option One Appraisal Services, regardless of the situation.
The parties will have a better idea of what price to set, if they want to sell the home. 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 mindThe loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. We guarantee the fullest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to handle these matters, unlike wealthier individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal.
Let Option One Appraisal Services assist you in relocating to or from Orange CountyEmployee relocation is a more than just an inconvenience, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we suggest relocating employees to provide feedback on the positive features of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered.
Let Option One Appraisal Services assist you in selling your home quickly at the right priceA professional appraisal can help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. The price we charge isn't contingent upon the value we report, but rather they are calculated on our efforts to finish the appraisal.
On a daily basis, we examine the difference in value things like an extra bathroom or a kitchen remodel can make. Seeking a professional appraisal is a trusted way to determine 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 homes stay on the market.