Attention homeowners in Encino and Los Angeles County: Need an appraisal?

Here are the top seven reasons CA homeowners need Morris Appraisal, Inc.:

  1. Pre-listing appraisals (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. To lower your mortgage payment by removing PMI
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Verify another appraiser's report
  6. In the case of a CA divorce, where property needs to be divided
  7. Settle an estate in CA by determining the true market value of real estate in question

Do you own a house in or near Encino? Do you need help determining the price of your real estate?
Contact Morris Appraisal, Inc..

At Morris Appraisal, Inc., we understand the unique needs of a consumer seeking appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner (FSBO)

Since you have an emotional attachment to your home, it's often very hard to be objective about it. Professional appraisers, like the ones at Morris Appraisal, Inc., will be objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract many interested buyers. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's value, not just how much you think your home is worth. Interested buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to a seasoned appraiser's value opinion than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your property. In most cases you can apply to your lender to have the PMI canceled from your loan. Morris Appraisal, Inc. is experts in helping folks just like you do away with unneeded and unwanted PMI insurance.

Challenging property tax assessments

If you live in a region that is declining or not appreciating as much as other properties close to yours, your local tax assessor may have your home overvalued. This means you are going to pay higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better off you'll be. An appraisal from Morris Appraisal, Inc. is your best weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

If your house is close to a declining area, your lender may just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow angle. Morris Appraisal, Inc. can provide you with efficient appraisal that will help you reinstate your home equity line of credit.

Do You Need Field and Desktop Appraisal Review Services?

Have you just been given a copy of your appraisal and you would like to have a professional double-check it for preciseness or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. Or, if you need it in a rush, we can provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

Do you need a retrospective review of an appraisal report? Morris Appraisal, Inc. can We can assist you. Even though this is usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your house.