Why you should order an appraisal from Phoenix Valuations, LLCEach year, thousands of people in Arizona buy, sell or refinance their home. Most of these transactions involve a simple line item for an appraisal. Even though there are a growing number of automated home valuation processes that may appear more practical than an appraisal, practically all lenders still call in a local expert because the stakes are very high. Is getting a mortgage the only basis for getting an appraisal? Are there more instances when the services of a certified, independent real estate professional could be beneficial? Of course there are. 
Contest your tax assessment in Maricopa CountyIf you are in an area where the value of property has declined, it's possible you're paying too much in property taxes. When building your case, an appraisal from us is your best evidence. We can assist you in challenging your tax assessment. Getting rid of your PMI for mortgage paymentsPrivate Mortgage Insurance, or PMI, is an additional insurance policy that almost all lenders ask buyers to buy when the amount being loaned to the home buyer is more than 80% of the actual value of the real estate. This additional payment is often lumped into the monthly mortgage payment and is promptly forgotten. PMI is unnecessary when the remaining balance of the loan - whether through market appreciation or principal pay down - goes below the 80% mark, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to do away with the PMI installments when the loan-to-value ratio conditions have been met. If you'd like to get rid of PMI, Phoenix Valuations, LLC will provide you with a statement regarding the value of your home. The cost of the home valuation can generally be offset in just a few months because you'll no longer be paying the PMI. Order an appraisal from Phoenix Valuations, LLC Order todayDivorce settlement with less stressA divorce can be a very daunting experience for both parties, and it is often further complicated by the burdensome decision of who gets the house. So both parties are completely aware of the true market value of their home, it's a good idea to order an appraisal from Phoenix Valuations, 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 if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation. Fair and accurate estate liquidationThe loss of a loved one is a difficult time in life, and settling an estate from a death, or probate, often calls for an appraisal to establish Fair Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, ensuring the highest degree of discretion. Unlike many wealthy individuals, most Americans don't have dedicated estate planners or executors to manage these issues. And seeing that a home or other property often makes up an unequal share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've gotten an honest deal. Move to or from Maricopa County for workWe understand the headaches associated with an employee relocation. We take great care in organizing an accommodating appointment time for the appraisal inspection. During our detailed inspection, we encourage relocating employees to provide remarks on the positive aspects of their property, as well as information regarding any current sales or listings in their neighborhood that they want considered. Sell your home quickly — for the right priceWhether you choose to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a better educated decision regarding your asking price. 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 complete the appraisal report and not a percentage of the sales price. We analyze the difference in value items like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long propertiesstay on the market. So, getting a professional appraisal is a trusted way to determine what improvements will add value and what an applicable 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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