Kroeger Appraisal is a leading provider of Real Estate Appraisals in the Antelope Valley for the lending mortgage marketplace. With over 18 years of appraising properties in the Antelope Valley we have a proven record of reducing time, effort and costs managing the real estate appraising process.
Whether you’re purchasing a home, selling real estate or conducting any other type of real estate transaction in the Antelope Valley, a professional property appraisal will streamline the process and establish the fair market value of any property. Most official real estate forms and documents include a line item of the estimated property value, yet only a licensed and certified appraiser is qualified to provide a completely objective evaluation along with a detailed and comprehensive written report.
What can Kroeger Appraisal do for you? Our accredited professionals are available to assist you with:
WHEN DO YOU NEED AN APPRAISAL
Every Day, thousands of individuals all across the United States buy, sell, or refinance their personally owned real estate such as homes. Most, if not all, of these transactions, have a requirement imposed by the lending institution for an appraisal to be completed. It has actually become a routine and recognized as well as an approved component of almost all real estate transactions. How do we know where to start? “One should consider hiring an expert such as a professional appraiser to see if we’re not spending way too much on this residential or commercial property.” But is this the only reason to get an appraisal? Are there various other times when the services of an appraisal professional might be necessary or useful? The answer is Yes, of course, there are many reasons to hire an appraiser to evaluate your property, here are some examples of why you should hire an appraisal company.
It’s funny and has become a running joke that everybody has a different view on what a house is worth and this differs substantially on whether you’re buying a home or the homeowner paying taxes on your existing property. And it seems like it’s the tax assessor who always appears to be at the top of the scale of what the true value of the property is! Keep in mind a tax assessor’s job is to help local governments bring in more tax revenue each year. We end up doing a challenge of tax assessment which has become an annual tradition all across the United States. Unfortunately, most people are unarmed and unprepared for these challenges. They go online to investigate the best they can and take some facts from the internet to justify their arguments on why they believe their property isn’t worth as much as the tax assessor says it is, but they really cant factually prove their findings other than coming up with reasons like, It wasn’t worth that much last year. A real estate appraiser might be able to help you out in cases such as these. Although it might not be economical to order a full and complete appraisal to take off a couple of hundred dollars from the tax bill, most appraisal companies can also offer other services that do a small assessment or a community review that cost far less. These records can carry a lot of weight when you appear before the appeals board to prove your property’s value.
PMI REMOVAL Private Mortgage Insurance or PMI
is the supplementary insurance that several lenders ask residence customers to buy when the amount being loaned is greater than 80% of the worth of the residence. Often, this additional payment is folded up right into the regular monthly home mortgage payment and is quickly forgotten. This is regrettable due to the fact that PMI becomes unnecessary when the remaining balance of the finance– whether through market appreciation or principal paydown– dips below this 80% level. Actually, the United States Congress passed legislation in 1998 (the Homeowners Protection Act of 1998) that calls for lenders to eliminate the PMI repayments when the loan-to-value proportion conditions have been satisfied. Lots of appraisers offer this specific service for home owners that believe they have actually met the 80% loan-to-value metric. For a small charge, the appraiser can provide you with a statement pertaining to the homes value. Some will even take the following action and help you file a challenge with your home mortgage company. The prices of these services are often recouped in just a couple of months of not paying the PMI
Before someone determines to sell a residence, there are several decisions to be made. Primarily, “Just how much is it most likely to sell for? “Yet initially, there may be various other similarly crucial questions that need to be asked: “Will it be less complicated to paint the whole residence first? “Should I put in the 3rd bedroom? “Should I complete the makeover of my kitchen? ” Many things we do to our residences have an effect on their value. Regrettably, not every one of them have the same influence. Although a cooking area improvement may increase the beauty of a home, it might not increase the value sufficiently to justify the price. Appraisers can help you make these decisions. Unlike the real estate salesperson, the Appraiser has no personal interest in what the price the property sells for. His fee is based on is his contributions, not a percent of the asking price. So looking for an appraisal will certainly assist homeowners in making the appropriate decisions on investing in their homes and setting a fair selling price.
ESTATE PLANNING, LIQUIDATION OR DIVORCE
The loss of a loved one is a hard time in life. Similarly, a divorce can be an especially traumatic experience. Unfortunately, these occasions are often complicated by hard choices regarding the personality of an estate. Unlike numerous wealthy people, most Americans do not have committed estate coordinators or executors to take care of these issues. Also, in most cases, a home or other real property makes up a disproportionate share of the total estate value., an appraiser can help. Commonly the very first action in fairly evaluating an estate is to comprehend its true worth. 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 understanding they have actually received a reasonable bargain. There are various other uses for real estate appraisals. The highly-trained people behind these services are always trying to find ways to place their expertise to help property owners and also individuals that support them.
Conventional appraisers base their valuation of a home’s worth or value supported these three essential factors: location, condition, and the area’s comparables for similar houses. They’ll also hunt for safety or health concerns within the home that might diminish the desirability of the house and thus reduce its value.
REAL ESTATE APPRAISAL – Referred to as either as a short FORM or a DESKTOP APPRAISAL. The short form appraisal is also used only in preparing appraisals on unimproved land and improved single-family or duplex residential properties. Its use assumes a few various factors the availability and reasonably comparable market data requiring limited adjustments.
Here are some things that appraisers have to consider when evaluating Real Estate Owned (REO) homes. The Appraisal Institute (AI) defines REOs as properties that are acquired by a lender for investment or through foreclosure
Date of Death is a date of death valuation that requires a historical appraisal, also known as a retrospective appraisal. This form or type of appraisal determines the Fair Market Value of a piece of property as of a specific date in the past.
Vacant Land Appraisal – These land rates are developed from verified. recent sales ‘ and are expected to reflect market value for various prevalent land types as of the effective valuation date for each given area. Land rates will be developed for parcels in the following categories – Lot size – parcels only Square foot – (up to 1 acre) Acreage – (1 acre or more)
A drive-by appraisal which is also known as an exterior-only appraisal, most if not all the time is requested by the mortgage lender, which takes a look at the neighborhood the property is located in and at the visible condition of a home’s exterior to get a quick idea of a property’s street value. … These appraisers will also base the property value on other things such as data from recent real estate sales and listings near the property.
Owner / CEO Darrell Kroeger.
Office Manager Salena Kroeger
Call our friendly staff at 661-547-4451
Fast & Reliable Property Appraisal
When you need to know the true value of a property, you need an a licensed, certified, and professional appraiser. A home is one of the largest purchases you will ever make. We can give you piece of mind by providing an unbiased opinion of the property’s value either the buyer or sellerof a home.
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Accurate Evaluation of Property
Having an accurate appraisal will provide you with the information that you get top dollar for your home. Plus, you may be selling yourself and your sellers short on unique properties without an accurate, current appraisal. We’re ready to help with excellent client service and fast turnaround time.
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Comprehensive Appraisals Services
Need an appraisal now? Order securely online for an accurate, reliable appraisal to fit your specific needs. When working with Kroeger Appraisal we provide convenient access to the status and notes for any order. All this information can be viewed online, so you will always know the progress of your order.
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