Reasons someone would need Robb RobertsThousands of people in California purchase, sell or refinance their home every year. A lot of these transactions involve a simple line item for an appraisal. And while there are a growing number of automated home valuation processes that may appear more practical than an appraisal, nearly all lenders still call for a local expert because the stakes are so high. You might believe that securing a mortgage is the only basis for getting an appraisal, but there are more instances when the services of a certified, independent real estate professional could be beneficial.
Challenge your tax assessment in Sacramento CountyIt's quite possible you're paying too much in property taxes if you live in an area where property values have declined. Ad Valorem taxes are based upon a previous assessment of your real estate, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. When building your case, an appraisal from Robb Roberts is your best evidence. We're equipped to assist you in appealing your tax assessment.
Eliminating PMI will lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the real estate, most lenders ask buyers to buy an added insurance policy. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this added payment is folded into the monthly mortgage payment and is soon forgotten. This is damaging because PMI is unnecessary when the leftover balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met.
Robb Roberts will produce a statement regarding the value of your home, and the price you paid for the appraisal can usually be recovered in little time because you'll no longer be paying the PMI.
Settling a divorce with less stressA divorce is a very daunting event for the parties involved, and it is often more complicated by the challenging decision of who maintains the home. Regardless of the circumstances, it's a good idea to order an appraisal from Robb Roberts so both parties are fully aware of the true market value of their house.
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.
Settling an estate with peace of mindLosing 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 residential property involved. We guarantee the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. A home or other property often makes up an uneven 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 a fair deal.
Relocating to or from Sacramento CountyEmployee relocation can be a real pain, and we understand. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our detailed process, we suggest relocating employees to provide feedback on the positive characteristics of their property, along with information regarding any current sales or listings in their neighborhood that they want considered.
Sell your home quickly at the right priceA professional appraisal will help you make a better educated decision regarding your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, which is different than the interest of real estate agents. Our fees are based on our efforts to finish the appraisal report and and aren't related to the sales price.
We determine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long houses are on the market. So, obtaining a professional appraisal is a trusted way to determine 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.