Appraisal services for Phoenix and Maricopa County homeowners
The top 7 reasons why AZ homeowners order from Northern Arizona Appraisal, Inc.:
Own a house in or near Phoenix, AZ and need help deciding the price of it?
We at Northern Arizona Appraisal, Inc. understand the individual needs of a customer seeking appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
Since you have an emotional attachment to your house, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. The appraisal is something concrete to show your buyer. The appraisal is an independent third party's opinion of your home's price, not just you saying how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value report than yours.
Appraisals to remove PMI
A popular way to cut expenses for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're experts in helping people just like you remove unwanted PMI insurance.
Challenge a property tax assessment
Your local tax assessor may have your home overvalued if you live in an area that is going down or is not appreciating as much as other homes nearby. This means you're probably paying higher taxes than you should be paying. The sooner you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal from Northern Arizona Appraisal, Inc. is your number one weapon.
Was your HELOC recently frozen?
If your house is in a declining area, your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be unsuitable from a cash flow standpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. Northern Arizona Appraisal, Inc. can help you reinstate your home equity line of credit with a professional appraisal.
Field and Desktop Appraisal Review Services
Have you just received a copy of your appraisal and you'd like to have a seasoned expert double-check it for accuracy or do you need a second opinion without the charge 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? Northern Arizona Appraisal, Inc. can help you with that. Even though this is usually requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your home.