citi Appraisal Services in San Jose perform appraisals for a variety of clients

To a lot of us, an appraisal is simply one more thing on the break-sheet for a home sale or refinance. Almost all lenders still call for a local expert because the stakes are incredibly high, even though there are a growing number of automated home valuation methods that may appear to be more economical than an appraisal. You might assume that obtaining a mortgage is the only reason to acquire an appraisal, but there are more cases when the services of a certified, independent real estate professional could be beneficial.


	When you're planning on any transaction where the amount of your house is of importance, you should contact citi Appraisal Services. Just click here

Let citi Appraisal Services help you challenge your tax assessment in Santa Clara County

It's quite possible you're paying too much in property taxes if you reside in an area where property values have depreciated. Ad Valorem taxes are based upon a past assessment of your home, so if values have declined in your area, you can challenge your assessment and save money. An appraisal from citi Appraisal Services is your best evidence when building your case. We're capable of assisting you in disputing your tax assessment.

Let citi Appraisal Services help you do away with PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is an extra insurance policy that most lenders ask buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the property. Seeing that extra 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 Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress requiring lenders to eliminate the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to eliminate PMI, citi Appraisal Services can provide you with a statement regarding the value of your home. The expense of the appraisal can usually be regained in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

A divorce is often complicated by the burdensome decision of who maintains the home, and it can be a particularly traumatic ordeal for both parties. So both parties are entirely aware of the true market value of their property, it's a good idea to get an appraisal from citi Appraisal Services, regardless of the circumstances.

The parties will have a clearer picture of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.

Trustworthy estate liquidation

The death of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Fair Market Value for the residential property 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 a disproportionate share of the total estate value, so understanding the true worth of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.

citi Appraisal Services can help you with relocating to or from Santa Clara County

We are familiar with the stress involved with an employee relocation. 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 characteristics of their property, along with information about any current sales or listings in their area that they want considered during our thorough process.

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

A professional appraisal will help you make a more informed decision regarding your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't a percentage of the sales price, but rather they are based on our efforts to finish the appraisal.

We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long homes stay on the market. So, getting a professional appraisal is a reliable 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 too long, costing you hassle and money.