Attention homeowners in Scottsdale and Maricopa County: Need an appraisal?

Here are the top reasons Arizona homeowners need Selective Appraisal Services:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. Challenge a property tax assessment
  3. To lower your mortgage payments by removing PMI
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. To settle an estate in Arizona by determining the true market value of real estate in question

Do you own a home in or near Scottsdale? Do you need help deciding the price of your real estate?
Contact Selective Appraisal Services.

At Selective Appraisal Services, we understand the particular needs of a consumer seeking appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. As our non-traditionalclient, we will give you extra guidance and explanations through the appraisal process to understand what we do and how we document our conclusions.

For-Sale-By-Owner (FSBO) / Pre-Listing Services

Since you have an emotional attachment to your home, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your house will attract buyers. It's something concrete to show the buyer. It's an independent third party's opinion of your property's price, and not just you saying how much your house is worth. Potential buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value report than yours.

PMI Removal Appraisals

A popular money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. At Selective Appraisal Services, we're experienced in helping people just like you rid themselves of unwanted and unneeded PMI insurance.

Challenging a property tax assessment

Lets say your home is not appreciating as much as other homes close by -- your local tax assessor may have your house overvalued. This only means you're going to pay higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better. Getting an expert appraisal from Selective Appraisal Services is your number one weapon when challenging your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area. This can this be troublesome from a cash flow point of view, and detrimental to your credit score since it may appear as though that credit line is maxed out. Selective Appraisal Services can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you like a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you want a professional to double-check your appraisal for precision? Selective Appraisal Services offers field reviews where we'll go out and check the subject and comparables. If you're in a hurry, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal report you may have had in the past. While typically requested by banks, you may want to employ this service if you suspect mortgage fraud related to your home.