Reasons to order an appraisal from Powers Real Estate Services, LLC
To many, an appraisal is simply one more thing in the long list of items for a mortgage or refinance. And even though there are a multiplying number of automated home valuation processes that may seem more prudent than an appraisal, almost all lenders still call in a local expert because the stakes are very high. You might believe that obtaining a mortgage is the only basis for getting an appraisal, but there are more instances when the services of a certified, independent real estate professional might be beneficial.
Challenge your tax assessment in Pinal County
If you are in an area where the property value 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.
Removing PMI for mortgage payments
Private Mortgage Insurance, or PMI, is an added insurance policy that nearly all lenders ask home owners to purchase when the amount being loaned to the buyer is more than 80% of the actual value of the real estate. Most often, this extra payment is lumped into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remainder 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) 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, Powers Real Estate Services, LLC can provide you with a statement regarding the value of your home. The price you paid for the appraisal can often be recovered in little time because you'll no longer be paying the PMI.
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Divorce settlement with fewer hang-ups
A divorce can be a very traumatic experience for both parties, and it is often even more complicated by the strenuous decision of who keeps the home. Regardless of the circumstances, it's a good idea to get an appraisal from Powers Real Estate Services, LLC so both parties are completely aware of the true market value of their house.
The parties will have a clearer picture of what price to set, if they want to sell the home. 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 liquidation
The death of a loved one is a hard 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. We guarantee the maximum degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans don't have dedicated estate planners or executors to take care of these affairs, unlike wealthier individuals. And seeing that a home or other property often makes up an unequal share of the total estate value, understanding the true value of the real estate at hand is of significant importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Relocate to or from Pinal County through an employee relocation program
We are familiar with the headaches involved with an employee relocation. We take great care in establishing a convenient appointment time for the appraisal inspection. During our intensive inspection, we recommend relocating employees to provide feedback on the positive features of their property, along with information regarding any new sales or listings in their area that they want considered.
Close on your home quickly — for the right price
A professional appraisal will help you make a more informed decision when determining your selling price, whether you decide to sell your home on your own or with the help of a real estate agent. Unlike a real estate agent, an appraiser has no vested interest in what amount the house sells for. Our fees depend 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 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 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 are one the market.