Attention homeowners in Diamond Bar and Los Angeles County: Get an Appraisal today!
Check out the top seven reasons why CA homeowners call on ARA Real Estate Appraisals, Inc.:
Do you own a home in or near Diamond Bar? Do you need help deciding the price of your real estate?
We at ARA Real Estate Appraisals, Inc. understand the individual needs of a consumer after appraisal services. Our business practices and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. As our valued client, you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we document the results of our analysis.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
Since you have an emotional attachment to your home, it's often very hard to be objective about it. Our professional appraisers at ARA Real Estate Appraisals, Inc. are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic selling price so your property will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an attainable buyer. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just you saying how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value report than yours.
Appraisals to cancel PMI
Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular way to cut expenses for homeowners. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your home. In most cases you can apply to your lender to have the PMI removed from your loan. We are qualified in helping homeowners just like you remove unwanted and unneeded PMI insurance.
Challenge property tax assessments
Your local tax assessor may have your house overvalued if you live in an area that's declining. That means you're most likely paying more taxes than you should. The faster you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting a professional appraisal from ARA Real Estate Appraisals, Inc. is your #1 weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
Your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can this be difficult from a cash flow angle, and detrimental to your credit score since it may appear as though that credit line is maxed out. ARA Real Estate Appraisals, Inc. can help you reinstate your HELOC.
We Also Provide Field and Desktop Appraisal Review Services
Do you need a seasoned appraiser to double-check your appraisal for preciseness, or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps. If you need it ASAP, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide you with a a retrospective review of any appraisal report you may have had in the past. Even though this is typically requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your home.