Why you should order an appraisal from Metes & Bounds Valuation ServicesYear after year, thousands of people in Arizona buy, sell or refinance their home. Many of these transactions have a simple line item for an appraisal. Almost all 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 may appear to be more prudent than an appraisal. You might assume that obtaining a mortgage is the only basis for getting an appraisal, but there are other times when the services of a licensed, independent real estate professional might come in handy.
Challenge your tax assessment in Maricopa CountyIf you reside in an area where property values have declined, it's possible you're paying too much in property taxes. An appraisal from Metes & Bounds Valuation Services is your best evidence when building your case. At Metes & Bounds Valuation Services,we can assist you in appealing your tax assessment.
Let Metes & Bounds Valuation Services assist you in lowering your mortgage paymentWhen the amount being loaned to the homeowner is more than 80% of the actual value of the property, many lenders ask buyers to buy an supplemental insurance policy. That policy is Private Mortgage Insurance, or PMI. Seeing that additional payment is usually folded into the monthly mortgage payment, it is often forgotten. This is bad because PMI is no longer required when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark. In fact, the Homeowners Protection Act (HPA) of 1998 was approved by the United States Congress that requires lenders to remove the PMI installments on most mortgages when the balance is paid down to 78% of the original value.
If you'd like to eliminate PMI, Metes & Bounds Valuation Services can give you a statement regarding the value of your home. The price you paid for the appraisal can generally be offset in a short amount of time because you'll no longer be paying the PMI.
Settling a divorce with less stress with an appraisal from Metes & Bounds Valuation ServicesA divorce is an especially traumatic experience for the parties involved, and it is often more complicated by the burdensome decision of who maintains the house. Regardless of the situation, it's prudent to get an appraisal from Metes & Bounds Valuation Services so both parties are fully aware of the true market value of their house.
If the parties want to sell the home, they'll have a better 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 received a fair assessment.
Settling an estate with peace of mindLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Fair Market Value for the residential property involved. We ensure the highest degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to take care of these matters. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the true value of the real estate at hand is of vital importance to ensuring disputing parties walk away knowing they've received an honest deal.
Relocating to or from Maricopa County?Employee relocation is a real pain, and we understand. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive characteristics of their property, along with information regarding any current sales or listings in their area that they want considered during our detailed process.
Let Metes & Bounds Valuation Services help you sell your home quickly at the right priceA professional appraisal can help you make a better educated decision when determining your selling price, whether you decide to sell your home on your own or use the assistance of a real estate agent. Separate from a real estate agent, an appraiser has no vested interest in what price the house sells for. Our fees aren't related to the sales price, but rather they are based on our efforts to complete the appraisal.
We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable way to decide 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 - because we're experts in knowing how long properties stay on the market.