Straightline Appraisal in Arizona is hired for a variety of clients!

To a lot of us, an appraisal just looks like one more thing on the break-sheet for a mortgage or refinance. Nearly all lenders still call in a local expert because the stakes are very high, even though there are a growing number of automated home valuation processes that may seem more practical than an appraisal. But is getting a mortgage the only reason to acquire an appraisal? Are there additional times when the services of a licensed, independent real estate professional might be beneficial? Of course there are.


	For real estate appraisals in Arizona's Maricopa and Pinal Counties, it's convenient when your order online from Straightline Appraisal, just click here.

PMI removal will lower your mortgage payment

When the amount being loaned to the buyer is more than 80% of the actual value of the property, many lenders ask home owners to purchase an extra insurance plan. That policy is Private Mortgage Insurance, or PMI. Oftentimes, this additional payment is bundled into the monthly mortgage payment and is soon forgotten. This is bad because PMI isn't necessary when the leftover 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 do away with the PMI installments on most mortgages when the balance is paid down to 78% of the original value.

If you'd like to do away with PMI, Straightline Appraisal can give you a statement regarding the value of your home. The cost of the home valuation can usually be recovered in little time because you'll no longer be paying the PMI.

Fair and accurate estate liquidation

Losing a loved one is a painful time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the real estate 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).

Unlike wealthier individuals, most Americans do not have dedicated estate planners or executors to handle these issues. And since a home or other property often makes up a disproportionate share of the total estate value, knowing the correct value of the real estate at hand is of vital importance to ensuring disputing parties leave knowing they've received an honest deal.

Sell your home quickly at the right price with an appraisal from Straightline Appraisal!

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. With much different interests than a real estate agent, an appraiser has no vested interest in what amount the house sells for. 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 things like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a trusted 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 homes stay on the market.