Why you should get an appraisal from BRC Appraisal

Every year, thousands of people in California buy, sell or refinance their home. Many of these transactions contain a simple line item for an appraisal. Most lenders still need a local expert because the stakes are very high, even though there are a developing number of automated home valuation methods that may appear more cost-effective than an appraisal. You might think that getting a mortgage is the only reason to get an appraisal, but there are other situations when the services of a certified, independent real estate professional could be helpful.


	For real estate appraisals in Ontario and Riverside County, it's easiest when your order online from BRC Appraisal, just click here.

Dispute your tax assessment in Riverside County

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

BRC Appraisal can help you get rid of PMI to lower your mortgage payment

Private Mortgage Insurance, or PMI, is a supplemental insurance policy that most lenders ask home buyers to buy when the amount being loaned to the buyer is more than 80% of the actual value of the home. This additional payment is often folded into the monthly mortgage payment and is promptly forgotten. PMI becomes unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. 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 installments when the loan-to-value ratio conditions have been met.

BRC Appraisal can give you a statement regarding the value of your home, and the price you paid for the home valuation can generally be recovered in a short amount of time because you'll no longer be paying the PMI.

Divorce settlement with less stress

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

The parties will have a clearer picture of what price to set, if they want 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.

Fair and accurate estate liquidation with BRC AppraisalSettling an estate

The death of a loved one is a hard time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the maximum degree of discretion.

Most Americans do not have dedicated estate planners or executors to take care of these matters, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.

Relocating to or from Riverside County?

We know the stress associated with an employee relocation. That's why we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered during our intensive process.

Selling your home quickly at the right price

Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal will help you make a more informed decision when determining your selling 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 aren't a percentage of the sales price, but rather they depend on our efforts to finish the appraisal.

On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. Getting 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 houses stay on the market.