Why obtain an appraisal from Appraisals By Law?

Every year, thousands of people in Arizona buy, sell or refinance their home. Many of these transactions contain a simple line item for an appraisal. Practically all lenders still need a local expert because the stakes are very high, even though there are a budding number of automated home valuation processes that might seem more cost-effective than an appraisal. You might assume that obtaining a mortgage is the only reason to get an appraisal, but there are more cases when the services of a certified, independent real estate professional might be helpful.


	For real estate appraisals in Tucson and Pima County, it's easiest when your order online from Appraisals By Law, just click here.

Let Appraisals By Law help you appeal your tax assessment in Pima County

If you live 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 Appraisals By Law is your best evidence. At Appraisals By Law, we're qualified to assist you in challenging your tax assessment.

Let Appraisals By Law help you eliminate PMI to lower your mortgage payment

When the amount being loaned to the home buyer is more than 80% of the actual value of the home, nearly all lenders ask homebuyers to purchase an extra insurance policy. That policy is Private Mortgage Insurance, or PMI. This additional payment is often lumped into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - falls below the 80% level, making this very unfortunate. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.

If you'd like to eliminate PMI, Appraisals By Law will provide you with a statement regarding the value of your home. The cost of the appraisal can often be offset in little time because you'll no longer be paying the PMI.

An appraisal from Appraisals By Law will help you settle a divorce with less stress

A divorce can be an especially daunting ordeal for both parties, and it is often even more complicated by the troublesome decision of who gets the property. Regardless of the circumstances, it's wise to get an appraisal from Appraisals By Law so both parties are fully aware of the true market value of their home.

The parties will have a better idea of what price to set, if they want to sell the home. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair evaluation.

Settling an estate with peace of mind

Losing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the residential property involved. We guarantee 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 don't have dedicated estate planners or executors to take care of these affairs. And seeing that a home or other property often makes up an uneven share of the total estate value, knowing the precise value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received a fair deal.

Relocating to or from Pima County

Employee relocation is a stressful event, and we understand. We take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we recommend employees that are moving to provide remarks on the positive features of their property, along with information regarding any new sales or listings in their neighborhood that they want considered.

Don't sell out short or keep your home on the market too long.

A professional appraisal can help you make a better educated decision regarding your asking price, whether you decide to sell your home on your own or with the help 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 calculated on our efforts to complete the appraisal.

On a daily basis, we analyze the difference in value items like an extra bathroom or a kitchen remodel can make. Getting a professional appraisal is a reliable way to decide 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 - because we're experts in knowing how long houses stay on the market.