Let Northern Arizona Appraisal, Inc. take care of your appraisal needsThousands of people in Arizona purchase, sell or refinance their home every year. Most of these transactions include a simple line item for an appraisal. And even though there are a budding number of automated home valuation processes that may seem less expensive than an appraisal, nearly all lenders still call for a local expert because the stakes are incredibly high. You might assume that obtaining a mortgage is the only reason to acquire an appraisal, but there are more instances when the services of a licensed, independent real estate professional might come in handy. Challenge your tax assessment in Maricopa CountyIt's probable you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your house, so if prices are less than what they used to be in your area, you can appeal your assessment and save money. When building your case, an appraisal from us is your best evidence. We're equipped to assist you in challenging your tax assessment. PMI removal to reduce your mortgage paymentWhen the amount being loaned to the homeowneris more than 80% of the actual value of the real estate, nearly all lenders ask homeowners to buy this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Most often, this added payment is folded into the monthly mortgage payment and is soon forgotten. This is unfortunate because PMI is no longer required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) that requires lenders to eliminate the PMI payments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Northern Arizona Appraisal, Inc. can provide you with a statement regarding the value of your home. The price you paid for the home valuation can usually be recovered in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from Northern Arizona Appraisal, Inc. Order onlineSettle a divorce with less stressA divorce is an especially traumatic event for the parties involved, and it is often more complicated by the challenging decision of who keeps the home. So both parties are completely aware of the true market value of their property, it's a good idea to get an appraisal from Northern Arizona Appraisal, Inc., regardless of the circumstances. If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment. Ascertain an accurate and fair valuation for estate liquidationLosing a loved one is a painful time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the real estate involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion. Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to handle these affairs. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten an honest deal. Relocate to or from Maricopa County for workEmployee relocation is a stressful event, and we understand. That's why we take great care in establishing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide input on the positive aspects of their property, along with information regarding any new sales or listings in their neighborhood that they want considered. Sell your home quickly — at an accurate priceA professional appraisal will help you make a more informed decision when determining your asking price, whether you choose to sell your home on your own or with the help of a real estate agent. An appraiser has no vested interest in what amount the house sells for, apart from real estate agents. Our fees are based on our efforts to finish the appraisal report and not a percentage of the sales price. We analyze the difference in value things like an extra bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long housesare on the market. So, obtaining a professional appraisal is a reliable way to determine what improvements will add value and what a suitable sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. |