Appraisal services for Mission Viejo and Orange County homeowners
Check out the top seven reasons why CA homeowners need Baker P. Lee Jr.:
Own a house in or near Mission Viejo, CA and need help deciding the price of it?
At Baker P. Lee Jr., we understand the special needs of a homeowner in need of appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like banks, attorneys, and CPAs. As our valued client, you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we report our conclusions.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your home, it's often very hard to be objective about it. The professional appraisers at Baker P. Lee Jr. will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value conclusion than yours.
Appraisals to remove PMI
A preferred money saver for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. Baker P. Lee Jr. is qualified in helping clients just like you remove unneeded and unwanted PMI insurance.
Challenging a property tax assessment
Lets say your home is not appreciating as much as other properties nearby -- your local tax assessor may have your home overvalued. That only means you are probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. An appraisal from Baker P. Lee Jr. is your perfect weapon when contesting your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also annoying from a cash flow standpoint. Baker P. Lee Jr. can provide you with a professional appraisal to help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Do you need a seasoned appraiser to double-check your appraisal for preciseness, or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables. If you need it in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide you with a a retrospective review of any appraisal report you may have had in the past. Even though this is usually requested by banks, you may desire to take advantage of this service if you suspect mortgage fraud related to your house.