6 Reasons to choose an appraisal from Angela Montoya AppraisalThousands of people in California buy, sell or refinance their home every year. Many of these transactions involve a simple line item for an appraisal. Most lenders still call for a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation methods that may appear more cost-effective than an appraisal. Is getting a mortgage the only reason to acquire an appraisal? Are there also cases when the services of a licensed, independent real estate professional could come in handy? Of course there are. 
Dispute your tax assessmentIt's possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are determined by a previous assessment of your real estate, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. An appraisal from Angela Montoya Appraisal is your best evidence when building your case. At Angela Montoya Appraisal, we're capable of assisting you in disputing your tax assessment. PMI removal to lower a mortgage paymentWhen the amount being loaned to the homeowneris more than 80% of the actual value of the property, many lenders ask home owners to purchase this added insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the extra payment is usually bundled into the monthly mortgage payment, it is often forgotten. This is damaging because PMI isn't required when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI installments when the loan-to-value ratio conditions have been met. Angela Montoya Appraisal will give you a statement regarding the value of your home, and the expense of the appraisal can often be offset in little time because you'll no longer be paying the PMI. Order an appraisal from Angela Montoya Appraisal Order todaySettle a divorce with fewer hang-upsA divorce can be a very daunting experience for both parties, and it is often further complicated by the burdensome decision of who maintains the house. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from Angela Montoya Appraisal, regardless of the circumstances. If the parties want to sell the home, they'll have a clearer picture of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment. Ascertain a fair and accurate valuation for estate liquidationLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the residential property involved. We ensure the maximum 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 seeing that 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 essential importance to ensuring disputing parties walk away knowing they've received a fair deal. Relocate to or from Washoe County through an employee relocation programEmployee relocation is a stressful event, and we understand. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. During our thorough inspection, we recommend relocating employees to provide remarks on the positive features of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered. Close on your home quickly — at an accurate priceWhether you choose to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a more informed decision when determining your asking price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees depend on our efforts to complete the appraisal report and not a percentage of the sales price. We analyze 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 trusted 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 properties stay on the market. 
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