Attention homeowners Orange, San Diego, and Los Angeles Counties: Need an appraisal?
Check out the top eight reasons why California homeowners call on G. Wayne Eggleston:
For Sale by Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your own house because of your emotional attachment to it. The professional appraisers at Appraisal Residentail will tell you what you need to know -- not just what you want to hear. We are objective. 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 important negotiating tool once you have an interested buyer. The appraisal is something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to an experienced appraiser's value conclusion than yours.
Challenge property tax assessments
Your local tax assessor may have your house overvalued if your house is not appreciating as much as other homes close to yours. This only means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. Getting an appraisal report from G. Wayne Eggleston is your chief weapon when contesting your property tax assessment.
Need to remove PMI?
PMI stands for Private Mortgage Insurance. A preferred way to cut expenses for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your house. In most cases you can apply to the lender to have the PMI canceled from your loan. We're qualified in helping people just like you abolish undesirable PMI insurance.
HELOC recently frozen?
Your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. This can be harmful to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow point of view. G. Wayne Eggleston can help you reinstate your home equity line of credit with an expert appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Do you need a seasoned professional to double-check your appraisal for verity, or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. If you need it immediately, we'll provide desk review and verify as many facts as we can, using online data sources as well as our own files.
We can also provide a retrospective review of any appraisal you may have had in the past. Although most review work is commissioned by lenders for quality control, homeowners that have reason to believe a prior appraisal wasn't above board are prudent to get a second opinion.