6 Reasons you should order an appraisal from Peiffer AppraisalsYear after year, thousands of people in California purchase, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. Practically all lenders still want a local expert because the stakes are incredibly high, even though there are a multiplying number of automated home valuation systems that may appear to be more economical than an appraisal. You might think that securing a mortgage is the only basis for getting an appraisal, but there are more instances when the services of a licensed, independent real estate professional could be beneficial. 
Dispute your tax assessmentIf you are in an area where property values have depreciated, it's possible you're paying too much in property taxes. An appraisal from Peiffer Appraisals is your best evidence when building your case. We can assist you in appealing your tax assessment. Get rid of PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance policy that almost all lenders ask homeowners to purchase when the amount being loaned to the homeowner is more than 80% of the actual value of the home. Most often, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. This is unfavorable 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 Homeowners Protection Act (HPA) of 1998 was invoked by the United States Congress that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met. Peiffer Appraisals will produce a statement regarding the value of your home, and the price you paid for the home valuation can generally be recovered in little time because you'll no longer be paying the PMI. Get your appraisal from Peiffer Appraisals Order onlineDivorce settlement with less stressA divorce is often complicated by the hard decision of who gets the property, and it can be a particularly daunting event for both parties. So both parties are entirely aware of the true market value of their house, it's a good idea to get an appraisal from Peiffer Appraisals, regardless of the circumstances. The parties will have a clearer picture of what price to set, if they wish to sell the home. And 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 difficult 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, ensuring the maximum degree of discretion. Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these affairs. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten a fair deal. Relocate to or from the Central Valley Area through an employee relocation programEmployee relocation can be a stressful event, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide feedback on the positive characteristics of their property, along with information about any new sales or listings in their neighborhood that they want considered. Close on your home quickly — at the right priceA professional appraisal will help you make a better educated 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 items like an additional bathroom or a kitchen remodel can make. Obtaining a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate 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 homes stay on the market. 
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