Attention homeowners: Real estate appraisal services for in Prescott and Yavapai County

Here are the top 7 reasons why AZ homeowners use American Appraisals:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. To challenge a AZ property tax assessment
  3. To reduce their mortgage payment by removing PMI
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a AZ divorce, where real estate needs to be divided
  7. To determine the true market value of real estate in question to settle an estate in Yavapai County or the state of AZ

Do you own a house in or near Prescott? Do you need help deciding the price of your real estate?
Contact American Appraisals.

We at American Appraisals understand the particular needs of a customer in need of appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

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

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at American Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your home will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an interested buyer. The appraisal is something tangible to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much your home is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value estimation than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive way to save money for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your property. In most cases you can apply to your lender to have the PMI canceled from your loan. We are qualified in helping homeowners just like you abolish undesirable PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if your home is not appreciating as much as other houses close to yours. This means you're going to pay higher taxes than you should be paying. The sooner you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal from American Appraisals is your number one weapon.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just may decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. Not only can this be disadvantageous from a cash flow point of view, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. American Appraisals can provide you with efficient appraisal to help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Have you just been handed a copy of your appraisal and you would wish to have an expert double-check it for efficiency or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? American Appraisals offers field reviews where we'll go out and check the subject and comps in question. Or, if you're in a hurry, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.

Do you need a retrospective review of an appraisal report? American Appraisals can help with that too. Even though this is typically requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your home.