Reasons to get an appraisal from Piscitelli Appraisal ServiceThousands of people in buy, sell or refinance their home every year. A lot of these transactions involve a simple line item for an appraisal. Even though there are a growing number of automated home valuation systems that might appear more cost-effective than an appraisal, practically all lenders still call for a local expert because the stakes are very high. Is securing a mortgage the only reason you should get an appraisal? Are there more instances when the services of a certified, independent real estate professional could come in handy? Absolutely. 
Challenge your tax assessmentIt's quite possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your home, so if values have gone down in your neighborhood, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. We can assist you in disputing your tax assessment. Remove PMI to lower your mortgage paymentPrivate Mortgage Insurance, or PMI, is an extra insurance plan that most lenders ask home owners to purchase when the amount being loaned to the home owner is more than 80% of the actual value of the home. This added payment is often lumped into the monthly mortgage payment and is promptly forgotten. This is damaging because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Piscitelli Appraisal Service will provide you with a statement regarding the value of your home. The expense of the appraisal can often be offset in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Piscitelli Appraisal Service Order todayDivorce settlement with fewer hang-upsA divorce is often complicated by the strenuous decision of who gets the home, and it can be a particularly horrible occurrence for both parties. Regardless of the situation, it's a good idea to order an appraisal from Piscitelli Appraisal Service so both parties are entirely aware of the true market value of their property. If the parties want to sell the home, they'll have a better idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Ascertain a fair and accurate valuation for estate liquidationThe death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. We guarantee the highest 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 issues, unlike many wealthy individuals. A home or other property often makes up a disproportionate share of the total estate value, so knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal. Move to or from Ventura County for workWe are familiar with the stress involved with an employee relocation. That being said, we take great care in setting up a convenient appointment time for the appraisal inspection. During our thorough inspection, we suggest relocating employees to provide feedback on the positive attributes of their property, as well as information about any new sales or listings in their area that they want considered. Close on your home quickly — for an accurate priceWhether you decide to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated 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 rest on our efforts to complete the appraisal report and and aren't related to the sales price. We examine the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Getting 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 houses are one the market. 
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