6 Reasons you should order an appraisal from Piscitelli Appraisal ServiceThousands of people in purchase, sell or refinance their home each year. Most of these transactions have a simple line item for an appraisal. And while there are a developing number of automated home valuation systems that may appear more economical than an appraisal, almost all lenders still want a local expert because the stakes are so high. Is getting a mortgage the only reason to acquire an appraisal? Are there more situations when the services of a licensed, independent real estate professional might be helpful? Of course. 
Challenge your tax assessment in Ventura CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your house, so if values have declined in your neighborhood, you can challenge your assessment and save money. An appraisal from Piscitelli Appraisal Service is your best evidence when building your case. At Piscitelli Appraisal Service, we're equipped to assist you in challenging your tax assessment. Getting rid of your PMI for mortgage paymentsWhen the amount being loaned to the homebuyeris more than 80% of the actual value of the home, most lenders ask home owners to purchase this additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. This is bad because PMI is unnecessary when the remainder of the loan - whether through market appreciation or principal pay down - falls below the 80% mark. 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. If you'd like to do away with PMI, Piscitelli Appraisal Service can provide you with a statement regarding the value of your home. The expense of the home valuation can generally be recovered in just a few months because you'll no longer be paying the PMI. Get your appraisal from Piscitelli Appraisal Service Order onlineDivorce settlement with less stressA divorce can be a very horrible event for both parties, and it is often even more complicated by the burdensome decision of who maintains the property. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from Piscitelli Appraisal Service, regardless of the situation. If the parties need 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. Fair and accurate estate liquidationThe death of a loved one is a difficult 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. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion. Most Americans don't have dedicated estate planners or executors to handle these affairs, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of significant importance to ensuring disputing parties leave knowing they've gotten an honest deal. Relocate to or from Ventura County for workEmployee relocation is a stressful event, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive attributes of their property, along with information about any current sales or listings in their neighborhood that they want considered during our intensive inspection. Close on your home quickly — for the right priceA professional appraisal can help you make a better educated decision regarding your asking price, whether you choose to sell your home on your own or use the assistance of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees are calculated on our efforts to complete 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. And we're experts in knowing how long propertiesstay on the market. So, obtaining a professional appraisal is a reliable way to determine 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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