Why obtain an appraisal from Gill's Appraisals?

To many, an appraisal is simply another cost on the settlement sheet for a home sale or refinance. Most lenders still call for a local expert because the stakes are so high, even though there are a multiplying number of automated home valuation processes that might appear to be less expensive than an appraisal. You might believe that obtaining a mortgage is the only reason you should get an appraisal, but there are additional times when the services of a certified, independent real estate professional might come in handy.

Order appraisals online from Gill's Appraisals by simply clicking here.

Let Gill's Appraisals help you challenge your tax assessment in Stanislaus County

If you live in an area where property values have declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from Gill's Appraisals is your best evidence. We're equipped to assist you in challenging your tax assessment.

Removing PMI will lower your mortgage payment

When the amount being loaned to the home buyer is more than 80% of the actual value of the property, almost all lenders ask buyers to take out an additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Very often, this extra payment is bundled into the monthly mortgage payment and is soon forgotten. PMI is no longer required when the leftover balance of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to dismiss the PMI payments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Gill's Appraisals will provide you with a statement regarding the value of your home. The cost of the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Gill's Appraisals

A divorce can be a particularly daunting ordeal for both parties, and it is often more complicated by the challenging decision of who keeps the home. Regardless of the situation, it's a good idea to order an appraisal from Gill's Appraisals so both parties are entirely 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 if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Accurate and fair estate liquidation with help from Gill's AppraisalsSettling an estate

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

Most Americans don't have dedicated estate planners or executors to handle these matters, unlike wealthier individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal.

Let Gill's Appraisals assist you in relocating to or from Stanislaus County

Employee relocation can be a more than just an inconvenienceWe know where you're coming from! That being said, we take great care in organizing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, as well as information regarding any recent sales or listings in their neighborhood that they want considered during our detailed process.

Don't sell out for too little or let your home stay on the market too long.

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 regarding your asking price. Unlike a real estate agent, an appraiser has no vested interest in what price the house sells for. The price we charge isn't related to the sales price, but rather they are calculated on our efforts to complete the appraisal.

We examine 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 properties stay on the market. So, seeking a professional appraisal is a reliable way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.