Why you should get an appraisal from Proper Appraisal Services, LLCThousands of people in Arizona purchase, sell or refinance their home each month. A lot of these transactions contain a simple line item for an appraisal. Most lenders still need a local expert because the stakes are incredibly high, even though there are an increasing number of automated home valuation processes that might seem less expensive than an appraisal. Is obtaining a mortgage the only reason you should get an appraisal? Are there additional times when the services of a licensed, independent real estate professional might come in handy? Absolutely. 
Appeal your tax assessmentIt's likely you're paying too much in property taxes if you reside in an area where property values have declined. Property taxes are determined by a past assessment of your house, so if prices are less than what they used to be in your neighborhood, you can challenge your assessment and save money. An appraisal from Proper Appraisal Services, LLC is your best evidence when building your case. At Proper Appraisal Services, LLC, we're capable of assisting you in disputing your tax assessment. Getting rid of your PMI for mortgage paymentsWhen the amount being loaned to the home buyeris more than 80% of the actual value of the property, most lenders ask homeowners to buy this supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the additional payment is usually lumped into the monthly mortgage payment, it is often forgotten. PMI isn't necessary when the leftover balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to do away with the PMI payments when the loan-to-value ratio conditions have been met. Proper Appraisal Services, LLC can produce a statement regarding the value of your home, and the cost of the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI. Order an appraisal from Proper Appraisal Services, LLC Order onlineDivorce settlement with fewer hang-upsA divorce can be an especially traumatic experience for both parties, and it is often further complicated by the troublesome decision of who gets the house. So both parties are fully aware of the true market value of their house, it's a good idea to order an appraisal from Proper Appraisal Services, LLC, regardless of the circumstances. If the parties want to sell the home, they'll have a a good idea of what price to set. And on the flip side, if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Accurate and fair estate liquidationLosing a loved one is a difficult time in life, and settling an estate from a death, or probate, often requires 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 wealthy individuals, most Americans do not have dedicated estate planners or executors to take care of these issues. A home or other property often makes up an uneven share of the total estate value, so knowing the true worth of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've received an honest deal. Relocate to or from Maricopa County for workWe are familiar with the headaches involved with an employee relocation. That's why we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed inspection, we recommend relocating employees to provide input on the positive attributes of their property, as well as information regarding any current sales or listings in their area that they want considered. Close on your home quickly — at an accurate priceWhether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision regarding your selling price. Apart from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees are based on our efforts to complete the appraisal report and and aren't related to the sales price. On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. And we're experts in knowing how long homesare on the market. So, seeking a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time. 
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