Reasons you should order an appraisal from Piscitelli Appraisal ServiceThousands of people in purchase, sell or refinance their home each month. Most of these transactions involve a simple line item for an appraisal. And even though there are a budding number of automated home valuation methods that may appear to be cheaper than an appraisal, almost all lenders still need a local expert because the stakes are so high. Is securing a mortgage the only reason to get an appraisal? Are there additional situations when the services of a licensed, independent real estate professional might be beneficial? You bet there are. 
Challenge your tax assessment in Ventura CountyIf you live in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We're equipped to assist you in challenging your tax assessment. PMI removal to lower a mortgage paymentWhen the amount being loaned to the homeowneris more than 80% of the actual value of the real estate, almost all lenders ask home buyers to buy this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is damaging because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to dismiss the PMI payments when the loan-to-value ratio conditions have been met. Piscitelli Appraisal Service will give you a statement regarding the value of your home, and 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 your appraisal from Piscitelli Appraisal Service today Order todaySettle a divorce with fewer hang-upsA divorce is an especially traumatic experience for the parties involved, and it is often even more complicated by the challenging decision of who maintains the house. 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 house. 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 received a fair assessment. Determine an accurate and fair 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 calls for an appraisal to establish Fair Market Value for the real estate involved. We ensure the utmost 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 wealthier individuals. A home or other property often makes up an unequal share of the total estate value, so understanding the true worth of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Ventura County for workEmployee relocation is a stressful event, and we understand. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed inspection, we recommend relocating employees to provide remarks on the positive characteristics of their property, along with information about any current sales or listings in their neighborhood that they want considered. Sell your home promptly — for the right priceA professional appraisal will help you make a better educated decision when determining your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. 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 examine the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homesare on the market. So, seeking a professional appraisal is a trusted way to decide what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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