(Newswire.net — August 9, 2016) Carlsbad, California — As the housing market continues to recover across the United States, lenders and Federal regulators have made steps to entice homebuyers. Due to this, mortgage rates are at lows not seen in several years. Lenders are offering competitively low interest rates, with Freddie Mac indicating 30-year fixed rates at 3.41 percent as of July, 2016. This rate is very close to its all-time low level, achieved in November, 2012. The experts at TCO Appraisals in San Diego County have seen a sharp increase in customers taking advantage of low interest rates by purchasing residential real estate. Because most lenders require a current property value as part of the financing process, the need for professional real estate appraisals has increased. TCO is enjoying the uptick in demand for its services. “There are a lot of new home purchases and home refinancing taking place right now,” says Todd Ortlieb, president of the San Diego property appraiser company. “With people applying for new mortgages or refinancing their homes, our fast, accurate appraisals are quite popular.” To learn more about the process of appraisals for mortgage lending, visit www.sandiegoresidentialappraiser.com/mortgage-lending.
When Britain voted to leave the European Union, international investors began to flock to the relative safety of the U.S. real estate market and U.S. Treasury Bonds. Mortgage rates tend to match or follow the yield of 10-year Treasury Bonds. This has injected momentum into the U.S. housing market, which is still recovering from the crash experienced in the early 2000s. Real estate investors and first-time homebuyers alike are snapping up properties throughout the San Diego region, where TCO Appraisals provides its expert services. Mortgage lenders usually choose the appraiser for the purposes of a home loan, but for many other needs, the San Diego-based company is the trusted choice for appraisals in divorce settlements, tax appeals, and estate planning.
TCO Appraisals has worked closely with thousands of clients in their many years of business and has also interfaced with dozens of mortgage lenders. “The appraiser is an important part of the overall loan application process,” says Todd. “Both lender and borrower depend on a professional appraiser for a fair, objective, and impartial property valuation, which the loan hinges upon.” TCO has earned a well-deserved reputation for its fast turnaround and highly competitive rates in the communities in and around San Diego County. Customers have come to rely on the company’s expertise and knowledge of real estate market conditions that influence property values. For more information on the company and its wide range of property appraisal services, visit www.sandiegoresidentialappraiser.com.
About TCO Appraisals
For the most accurate and objective property appraisals available in San Diego County, TCO Appraisals is the leading provider. The company has worked with property owners and managers, delivering unrivaled service and quality property appraisal reports for many years. TCO offers services via telephone or email consultations. The company serves the communities of San Diego County and its residents with integrity and personalized service.
TCO Appraisals
3017 Garboso StreetCarlsbad, California 92009
United States
(760) 889-8633
appraiser@sandiegoresidentialappraiser.com
http://www.sandiegoresidentialappraiser.com/