Member Information
Get Connected
Reading/Career
Search by Category
 Appraisal
 
 
 Appraiser Training
 



Appraisers

Real Estate Appraisal - home appraisal - appraiser - real estate appraiser - residential appraisals - Nipomo, CA - Macy's Appraisal Service
William Macy
813 Juniper St.
Nipomo, CA 93444
Show Phone Number
Send Email Visit Website



  • Home

  • Services & Fees

  • Why get an Appraisal

  • Appears in Categories
  • Residential Property

  • Products and Services  
  • Real Estate Appraisals
  •   
  • Estate Valuations

  • Fresno Appraiser
    Kings Appraiser
    Monterey Appraiser
    San Benito Appraiser
    San Luis Obispo Appraiser
    Santa Barbara Appraiser
    Santa Cruz Appraiser
    Tulare Appraiser
    Ventura Appraiser
     

    Macy's Appraisal Service



    Why get an Appraisal

    When do you need an Appraisal

    Every year, countless people in the United States buy, sell or refinance their own slice of the American Dream. Most, if not all, of these transactions include a simple line item for an appraisal. It has become an understood and accepted part of a real estate transaction. ''Let's bring in the expert and make sure we're not spending too much on this property.''

    But is this the only reason to get an appraisal? Are there other times when the services of a certified, licensed, independent real estate professional might come in handy?

    Property Tax Challenges

    It's a running joke that every one has a different perspective of what a house is worth. And it's the tax assessor that seems to always come in at the high end of the scale! Challenging the tax assessment has become an annual ritual in many parts of the country. Unfortunately, most people go into these challenges unarmed. They may pull some information from the internet to support their claims, but have no real basis other than: ''It wasn't worth that much last year.''

    A real estate appraiser can help in these situations. While it may not be economical to commission a full appraisals to lop a few hundred off your tax bill, often an appraiser can do a limited appraisal or neighborhood analysis for much less. These documents can carry a lot of weight when you appear before an appeals board.

    PMI Removal

    Private Mortgage Insurance or PMI is the supplemental insurance that many lenders ask home buyers to purchase when the amount being loaned is more than 80% of the value of the home. Very often, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. This is unfortunate because PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal paydown - dips below this 80% level. In fact, the United States Congress passed a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

    Many appraisers offer a specific service for home owners that believe they have met the 80% loan-to-value metric. For a nominal fee, the appraiser can provide you with a statement regarding the home value. Some will even take the next step and help you file a challenge with your mortgage company. The costs of these services are very often recovered in just a few months of not paying the PMI.

    Pre-Sale Decisions

    Before someone decides to sell a home, there are several decisions to be made. First and foremost: ''How much should it sell for?'' But first there may be other equally important questions to ask: ''Would it be better to paint the entire house first?'' ''Should I put in that third bathroom?'' ''Should I complete my kitchen remodel?'' Many things which we do to our houses have an effect on their value. Unfortunately, not all of them have an equal effect. While a kitchen remodel may improve the appeal of a home, it may not add nearly enough to the value to justify the expense.

    Appraisers can step in and help make these decisions. Unlike a Realtor, an appraiser has no vested interest in what amount the house sells for. His fee is based on his efforts, not a percentage of the sales price. So seeking a professional appraisal can often help homeowners make the best decisions on investing in their homes and setting a fair sales price.

    Estate Planning, Liquidation or Divorce

    The loss of a loved one is a difficult time in life. Likewise, a divorce can be a particularly traumatic experience. Sadly, these events are often complicated by difficult decisions regarding the disposition of an estate. Unlike many wealthy individuals, the majority of Americans do not have dedicated estate planners or executors to handle these issues. Also, in most cases, a home or other real property makes up a disproportionate share of the total estate value.

    Here too, an appraiser can help. Often the first step in fairly disposing of an estate is to understand its true value. Where property is involved, the appraiser can help determine the true value. At this point, equitable arrangements can more easily be arrived at among disputing parties. Everyone walks away knowing they've received a fair deal.

    There are other uses for real estate appraisals. The highly-trained individuals behind these services are always looking for ways to put their expertise to work for home owners and the people who support them.

    Macy's Appraisal Service

    Why get an Appraisal



  • Home
  •   
  • Services & Fees
  •   
  • Why get an Appraisal


  • Products and Services  
  • Real Estate Appraisals
  •   
  • Estate Valuations


  • Search by Zip
      Enter Zip  search
    Contact Appraisers near you.
    Firstname *
    Lastname *
    Email *
    Phone *
    Alt. Phone
    Zip *
    Brief reason to contact *

     
    More information...
    Real Estate Appraiser Training
    Marketing is highly essential for the success of a real estate business. Since majority of the home buyers use the internet to shop for homes, it has made important for the realtors to ...
    Classes In Real Estate - For Buyers or Realtors
    If you’ve ever played the game of monopoly, you’ve had that great feeling of snatching up Park Place and Broadway at least once or twice, then waiting patiently to build hotels everywhere...
    5 Things to Look for in a Property Appraiser
    Homeowners who are seeking a property appraiser often ask “How should I choose which real estate appraiser to use?” When selecting a property appraiser...
    Real Estate in California
    The prices of the properties continue to climb in the suburbs cossues of California, but at intervals slower than front. For example, since the year 1998...
    Real Estate Licenses
    A real estate license is the key to a lucrative career in the real estate industry. A real estate license is a powerful tool in the property business....
    Taking an Online Real Estate Training Course
    Starting a career in real estate is not as easy as it seems. All state governments require practitioners in the industry to be properly licensed, and there are different types of licenses depending on...
    Real Estate Agent Salaries
    The real estate business can be a lucrative job option. However, the job of a real estate agent may not be a full-time career option for a large number of people....
    How to Get Your Real Estate License
    Real estate business is presently a topmost business to make money. Several people want to make career in this business but a real estate license is the basic requirement to perform real estate...
    Why Do You Need a Real Estate Appraisal?
    Anytime you buy or sell real estate, you need a real estate appraisal. The primary purpose is to find out exactly how much your property is worth....
    Real Estate School
    As you may know, buying a home involves many different decisions about where you will live and for how many years. Along with geographical decisions...
    How Important is a Real Estate Appraisal?
    A real estate appraisal is necessary any time you buy or sell any kind of real estate. The purpose for an appraisal is to find out the value of a piece of property....
    How to Become a Real Estate Appraiser
    Learning how to become a real estate appraiser starts with an introduction to the work itself. Real Estate Appraisers will either work for themselves or are part of a larger company....

    Site Map | RSS Feeds | Articles | Jobs | Links | All Members | Popular Searches | Popular Questions