Appraisal services for Poway and San Diego County homeowners

The top seven reasons CA homeowners need Terra Nova Appraisals Inc.:

  1. Find the right listing price (whether you're using an agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to lower their mortgage payments
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a CA divorce, when real estate needs to be divided
  7. To determine the true market value of real estate in question to settle an estate in CA

Own a house in or near Poway, CA and need help determining the value of it?
Contact Terra Nova Appraisals Inc..

We at Terra Nova Appraisals Inc. understand the special needs of a consumer looking for appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. Being a regular homeowner that ordinarily doesn't see an appraisal on a regular basis,you can expect extra guidance and explanations through the appraisal process to more fully understand what we do and how we report our conclusions.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your own house because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Terra Nova Appraisals Inc., are objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an attainable buyer. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your house's price -- not just how much you think your house is worth. Potential buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to an experienced appraiser's value estimation than yours.

PMI Removal Appraisals

An attractive way to cut costs for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. Terra Nova Appraisals Inc. is experienced in helping consumers just like you do away with unwanted and unneeded PMI insurance.

Challenge property tax assessments

If you live in a local area that is declining or not appreciating as much as other houses close by, your local tax assessor may have your home overvalued. That only means you are probably paying more taxes than you should. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. A professional appraisal from Terra Nova Appraisals Inc. is your best weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. This can this be inopportune from a cash flow standpoint, and negative on your credit score since it may appear as though that credit line is maxed out. An expert appraisal from Terra Nova Appraisals Inc. can help you reinstate your HELOC.

We Provide Field and Desktop Appraisal Review Services

Would you wish a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for verity? An appraiser from Terra Nova Appraisals Inc. can go out and check the subject and comparables in question in a field review. Or, if you need it immediately, 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.

Need a retrospective review of an appraisal? We can help you with that Even though this is typically requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your home.