Why you should get an appraisalTo a lot of people, an appraisal is simply one more thing on the settlement sheet for a home sale or refinance. Even though there are a developing number of automated home valuation systems that may seem more prudent than an appraisal, nearly all lenders still call in a local expert because the stakes are so high. Is getting a mortgage the only basis for getting an appraisal? Are there additional situations when the services of a certified, independent real estate professional could be beneficial? Of course there are. 
Appeal your tax assessment in Maricopa CountyIt's probable you're paying too much in property taxes if you reside in an area where property values have depreciated. Property taxes are based upon a previous assessment of your home, so if prices have declined in your neighborhood, you can challenge your assessment and save money. An appraisal from Diamondback Appraisal & Consulting, Inc. is your best evidence when building your case. We can assist you in challenging your tax assessment. Remove PMI to lower your mortgage paymentWhen the amount being loaned to the buyeris more than 80% of the actual value of the home, nearly all lenders ask home owners to take out this additional insurance policy. That policy is Private Mortgage Insurance, or PMI. Since the added payment is usually bundled into the monthly mortgage payment, it is often forgotten. PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - dips below the 80% level, making this very unfavorable. In fact, the United States Congress implemented 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 get rid of PMI, Diamondback Appraisal & Consulting, Inc. can produce a statement regarding the value of your home. The price you paid for the home valuation can generally be regained in a short amount of time because you'll no longer be paying the PMI. Get your appraisal from Diamondback Appraisal & Consulting, Inc. Order todaySettle a divorce with fewer hang-upsA divorce is often complicated by the burdensome decision of who keeps the house, and it can be a particularly traumatic experience for both parties. It's a good idea to order an appraisal from Diamondback Appraisal & Consulting, Inc. so both parties are fully aware of the true market value of their property, regardless of the situation. If the parties need to sell the home, they'll have a clearer picture 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 evaluation. Ascertain a fair and accurate valuation for estate liquidationThe loss of a loved one is a painful 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, guaranteeing the fullest degree of discretion. Most Americans don't have dedicated estate planners or executors to manage these issues, unlike many wealthy individuals. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal. Relocate to or from Maricopa County through an employee relocation programWe are aware of the headaches involved with an employee relocation. We take great care in establishing an accommodating appointment time for the appraisal inspection. We encourage relocating employees to provide feedback on the positive attributes of their property, as well as information about any current sales or listings in their neighborhood that they want considered during our detailed inspection. 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 will help you make a better educated decision when determining your asking price. Unlike 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 rest on our efforts to complete the appraisal report. On a daily basis, we determine the difference in value items like an additional bathroom or a kitchen remodel can make. Obtaining 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 houses stay on the market. 
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