Reasons someone would use the services of Pruett Appraisal

Year after year, thousands of people in California buy, sell or refinance their home. Many of these transactions involve a simple line item for an appraisal. While there are a growing number of automated home valuation processes that might seem cheaper than an appraisal, the majority of lenders still want a local expert because the stakes are so high. You might assume that securing a mortgage is the only reason to get an appraisal, but there are other cases when the services of a certified, independent real estate professional might come in handy.


	For real estate appraisals in Clovis and Washoe County, it's easiest when your order online from Pruett Appraisal, just click here.

Let Pruett Appraisal help you dispute your tax assessment in Washoe County

It's possible you're paying too much in property taxes if you reside in an area where property values have declined. Ad Valorem taxes are based upon a past assessment of your house, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. When building your case, an appraisal from Pruett Appraisal is your best evidence. At Pruett Appraisal, we're qualified to assist you in challenging your tax assessment.

Getting rid of your PMI will lower your mortgage payment

Private Mortgage Insurance, or PMI, is an additional insurance policy that most lenders ask home owners to purchase when the amount being loaned to the home buyer is more than 80% of the actual value of the property. This added payment is often bundled into the monthly mortgage payment and is soon forgotten. This is damaging because PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - dips below the 80% mark. In fact, the United States Congress implemented a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met.

If you'd like to do away with PMI, Pruett Appraisal will provide you with a statement regarding the value of your home. The expense of the appraisal can generally be offset in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is a particularly traumatic event for the parties involved, and it is often even more complicated by the strenuous decision of who maintains the home. So both parties are completely aware of the true market value of their property, it's a good idea to order an appraisal from Pruett Appraisal, regardless of the circumstances.

The parties will have a a good idea of what price to set, if they wish to sell the home. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've received a fair assessment.

Settling an estate with peace of mind

The death of a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish 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 many wealthy individuals, most Americans do not have dedicated estate planners or executors to manage these issues. And since a home or other property often makes up an unequal share of the total estate value, knowing the certain value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received a fair deal.

Let Pruett Appraisal help you with relocating to or from Washoe County

We are aware of the stress involved with an employee relocation. We take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, along with information regarding any recent sales or listings in their neighborhood that they want considered during our thorough process.

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

A professional appraisal will help you make a better educated decision regarding your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are derived from our efforts to complete the appraisal report and not a percentage of the sales price.

We examine the difference in value items like an additional 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 trusted 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 too long, costing you hassle and money.