Reasons to order an appraisal from PEGASUS APPRAISALSEvery year, thousands of people in California buy, sell or refinance their home. Most of these transactions contain a simple line item for an appraisal. The majority of lenders still call for a local expert because the stakes are very high, even though there are an increasing number of automated home valuation processes that may seem cheaper than an appraisal. Is securing a mortgage the only reason you should get an appraisal? Are there also times when the services of a certified, independent real estate professional might come in handy? You bet there are. 
Contest your tax assessmentIt'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 past assessment of your home, so if values are less than what they used to be in your area, you can appeal your assessment and save money. An appraisal from PEGASUS APPRAISALS is your best evidence when building your case. At PEGASUS APPRAISALS, we're qualified to assist you in appealing your tax assessment. PMI removal to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that many lenders ask homeowners to buy when the amount being loaned to the homeowner is more than 80% of the actual value of the real estate. Most often, this added payment is bundled into the monthly mortgage payment and is quickly forgotten. This is damaging because PMI isn't required when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to eliminate the PMI installments when the loan-to-value ratio conditions have been met. PEGASUS APPRAISALS will provide you with a statement regarding the value of your home, and the price you paid for the appraisal can often be offset in little time because you'll no longer be paying the PMI. Order an appraisal from PEGASUS APPRAISALS Order todayGet a clear valuation on a home take make a divorce settlement less stressfulA divorce is often complicated by the burdensome decision of who keeps the property, and it can be a very traumatic ordeal for both parties. Regardless of the situation, it's a good idea to get an appraisal from PEGASUS APPRAISALS so both parties are completely aware of the true market value of their property. The parties will have a a good 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 gotten a fair assessment. Fair and accurate estate liquidationThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair 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 manage these matters, unlike many wealthy individuals. A home or other property often makes up an unequal share of the total estate value, so knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal. Move to or from Riverside County through an employee relocation programEmployee relocation can be a stressful event, and we understand. We take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive features of their property, as well as information regarding any recent sales or listings in their area that they want considered during our detailed inspection. Sell your home promptly — for the right priceA professional appraisal will help you make a more informed decision when determining your selling price, whether you choose to sell your home on your own or with the help of a real estate agent. Apart from a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are based on our efforts to finish the appraisal report and and aren't related to 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 housesstay on the market. So, getting a professional appraisal is a trusted way to determine what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
|