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- RESIDENTIAL APPRAISAL
Residential Appraisal
Residential Real Estate Appraisals in Simi Valley
A residential real estate appraisal report is an independent, unbiased, third party opinion that provides an official estimate on the market value of a residential property from an accredited professional.
Qualified Quality Appraisal Solutions & Services appraisers will determine the fair market value of your property and offer sellers an accurate figure of what a home could sell for on the open market. We also protect buyers with details for regarding its actual market value. Our licensed Simi Valley appraisers offer estimates for a property’s tax-assessed value.
Expertise and the qualifications required for appraisals for:
- Property financing
- Residential property sales
- Asset valuation
- Taxation purposes including property tax assessments
- Replacement cost appraisals for insurance purposes
- Legal disputes (marital, divorce, partnerships, etc.)
Regardless of why you need a home appraisal, you can be certain that our valuation will be helpful and accurate. We utilize a multi-faceted comparative strategy to ensure our clients get the most accurate appraisals possible.
A formal appraisal is essential for calculating a realistic listing price. Many sellers who have consulted with Quality Appraisal Solutions & Services before putting their homes on the market have benefitted when selling real estate in Simi Valley.
Appraisal for Home Buyers
Many lenders require a residential property to be appraised before buyers make a formal offer in order to ensure that the amount of the requested mortgage loan is accurate to the home’s actual value. Independent appraisals also give buyers a chance to verify whether the list price is reasonable and may be included as a contingency clause in purchase agreements where the bank’s approval of the loan is conditional to a professional appraisal.
Appraisals for Home Refinancing
As is the case with an original mortgage loan, lenders may request an appraisal of your property when requesting a refinancing loan if the property has decreased in value over time to ensure that your home’s value is equivalent to the requested loan. In addition, the equity in your home may have also decreased depending on any changes in its market value which our licensed appraisers are qualified to assess.
Residential Appraisers for Tax Reassessment
Quality Appraisal Solutions & Services provides residential home appraisals for the purpose of determining accurate property taxes. Since many states base property taxes on the market value of your home; if your home in Simi Valley has decreased in value, you may be eligible for a decrease in property tax based on the findings of an accredited appraiser.
Types of Residential Appraisals:
- Single family homes
- Semi-detached homes
- Duplex
- Triplex
- Condominiums
- Low rise
- Town houses
Quality Appraisal Solutions & Services understands how important an objective and detailed appraisal can be to facilitate your personal or business real estate transactions and completes reports in a timely and efficient manner. Call us for a confidential and free consultation.