Reasons someone would use the services of Hillside Appraisal Services

Each year, thousands of people in California purchase, sell or refinance their home. A lot of these transactions consist of a simple line item for an appraisal. Practically all lenders still need a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation systems that may appear more practical than an appraisal. You might assume that obtaining a mortgage is the only reason to acquire an appraisal, but there are more times when the services of a certified, independent real estate professional could be helpful.


	When you're planning on any transaction where the worth of your home is a factor, just contact Hillside Appraisal Services. Just click here

Challenge your tax assessment in Los Angeles County

If you live in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Hillside Appraisal Services is your best evidence. We're capable of assisting you in challenging your tax assessment.

How can you get rid of PMI to lower your mortgage payment?

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that most lenders ask homeowners to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the home. More often than not, this extra payment is bundled into the monthly mortgage payment and is promptly forgotten. This is bad because PMI isn't required when the remaining 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 implemented by the United States Congress requiring lenders to eliminate the PMI installments when the balance is paid down to 78% of the original value.

Hillside Appraisal Services will provide you with a statement regarding the value of your home, and the cost of the home valuation can usually be offset in little time because you'll no longer be paying the PMI.

An appraisal from Hillside Appraisal Services will help you settle a divorce with less stress

A divorce can be a very daunting ordeal for both parties, and it is often further complicated by the troublesome decision of who gets the home. Regardless of the situation, it's wise to get an appraisal from Hillside Appraisal Services so both parties are fully aware of the true market value of their property.

The parties will have a good idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Settling an estate with peace of mind

The loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. We ensure the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).

Most Americans don't have dedicated estate planners or executors to manage these issues, unlike wealthier individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the true worth of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.

Let Hillside Appraisal Services help you with relocating to or from Los Angeles County

We are familiar with the headaches associated with an employee relocation. That being said, we take great care in establishing a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide input on the positive features of their property, along with information about any new sales or listings in their neighborhood that they want considered during our thorough process.

Don't sell out for too little or keep your home on the market too long.

Whether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees are calculated on our efforts to finish the appraisal report and and aren't related to the sales price.

We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. Obtaining a professional appraisal is a trusted way to decide what improvements will add value and what an applicable 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 properties are one the market.