LOS ANGELES REAL ESTATE APPRAISALS AND INSPECTIONS!!
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What is an Appraisal?
An appraisal is a professional appraiser’s opinion of value. The preparation of an appraisal involves research into appropriate market areas; the assembly and analysis of information pertinent to a property; and the knowledge, experience, and professional judgment of the appraiser. . Appraisals may be required for any type of property, including single-family homes, apartment buildings and condominiums, office buildings, shopping centers, industrial sites, and farms. The reasons for performing a real property appraisal are just as varied. They are usually required whenever real property is sold, mortgaged, taxed, insured, developed and for personal reasons as well. For example, appraisals are prepared for:
• Bail Bond
• Tax assessments and appeals of assessments (reducing property taxes)
• Removing PMI (Private Mortgage Insurance)
• Negotiation between buyers and sellers
• Government acquisition of private property for public use
• Business mergers or dissolutions
• Mortgage lending purposes
What is the Role of the Appraiser?
The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property—providing assistance to those who own, manage, sell, invest in, and/or lend money on the security of real estate. Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data, and develop opinions of value. Each appraisal assignment challenges the appraiser’s ability to put analytical skills into practice, exercise sound judgment, and communicate effectively. Call us now to service all your appraisal and inspections needs 323-707-8188.
Throughout Los Angeles County, we specialize in bankruptcy appraisals, divorce, probate, estate planning, trust, tax assessment (reducing property taxes), removing private mortgage insurance, listing, REO, foreclosure and bail bond appraisals. We also do real estate appraisals for lending purposes (listing, purchase and refinance). You can count on us for all your home appraisal and inspection needs. At 1 Day Home Appraisals we are dedicated to customer service and satisfaction. We are reliable and affordable.
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