Why you should order an appraisalThousands of people in California buy, sell or refinance their home each month. Many of these transactions consist of a simple line item for an appraisal. While there are an increasing number of automated home valuation methods that might appear more practical than an appraisal, the majority of lenders still call for a local expert because the stakes are so high. Is obtaining a mortgage the only reason to acquire an appraisal? Are there additional instances when the services of a certified, independent real estate professional might be beneficial? You bet. 
Dispute your tax assessmentIf you live in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in appealing your tax assessment. Getting rid of your PMI for mortgage paymentsWhen the amount being loaned to the home owneris more than 80% of the actual value of the home, nearly all lenders ask homebuyers to purchase this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. More often than not, this extra payment is folded into the monthly mortgage payment and is promptly forgotten. This is unfavorable because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. McLaughlin Property Valuation Services will provide you with a statement regarding the value of your home, and the price you paid for the appraisal can usually be offset in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from McLaughlin Property Valuation Services Order onlineDivorce settlement with fewer hang-upsA divorce can be a particularly horrible event for both parties, and it is often more complicated by the strenuous decision of who maintains the home. Regardless of the circumstances, it's a good idea to get an appraisal from McLaughlin Property Valuation Services so both parties are entirely aware of the true market value of their house. The parties will have a clearer picture 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. Accurate and fair estate liquidationThe 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 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 maximum degree of discretion. Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to handle these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Riverside County through an employee relocation programEmployee relocation can be a stressful event, and we understand. That's why we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough inspection, we encourage relocating employees to provide input on the positive aspects of their property, as well as information regarding any recent sales or listings in their area that they want considered. Sell your home promptly — at the right priceA professional appraisal will help you make a more informed decision when determining your asking price, whether you decide to sell your home on your own or use the assistance of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to complete the appraisal report and not a percentage of the sales price. On a daily basis, we determine the difference in value things like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homesare on the market. So, 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. 
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