Appraisal services for Yucaipa and Orange County homeowners
The top seven reasons why California homeowners use Larry Scott Appraisal Service:
At Larry Scott Appraisal Service, we understand the unique needs of a homeowner after appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
Pre-listing Services/For Sale by Owner (FSBO)It's very hard to be objective about your house because you most likely have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. The appraisal is something tangible to show the buyer. It's an independent third party's opinion of your home's value, and not just how much you think your home is worth. Potential buyers know you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value opinion than yours.
Challenging a property tax assessmentLet's say your home is not appreciating as much as other houses close by -- your local tax assessor may have your home overvalued. This means you are going to pay higher taxes than you should be paying. The quicker you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an appraisal report from Larry Scott Appraisal Service is your perfect weapon when contesting your property tax assessment.
Appraisals to cancel PMIAn attractive way to save money for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your house, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Larry Scott Appraisal Service is seasoned in helping homeowners just like you get rid of unwanted PMI insurance.
HELOC recently frozen?Your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area -- even if your specific property has not declined in value. Not only can this be difficult from a cash flow viewpoint, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. Larry Scott Appraisal Service can help you reinstate your home equity line of credit with an expert appraisal.
We Also Offer Field and Desktop Appraisal Review ServicesDo you need a professional to double-check your appraisal for efficiency, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. Or, if you're in a rush, we can 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 retrospective review of any appraisal report you may have in your possession. While usually requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your home.