There are lots of reasons the public calls on Todd McDonald

Every year, thousands of people in Arizona buy, sell or refinance their home. Many of these transactions consist of a simple line item for an appraisal. And even though there are an increasing number of automated home valuation systems that may appear to be more cost1039 E Geneva Dr effective than an appraisal, most lenders still call in a local expert because the stakes are incredibly high. But is securing a mortgage the only reason to acquire an appraisal? Are there also situations when the services of a licensed, independent real estate professional could be beneficial? You bet there are.


	When you're planning on any transaction where the amount of your property is of importance, just contact Todd H. McDonald. Just click here

Let Todd McDonald help you dispute your tax assessment in Maricopa County

It's quite possible you're paying too much in property taxes if you live in an area where property values have depreciated. Ad Valorem taxes are determined by a past assessment of your home, so if prices are less than what they used to be in your area, you can challenge your assessment and save money. An appraisal from Todd McDonald is your best evidence when building your case. At Todd McDonald, we're qualified to assist you in appealing your tax assessment.

Todd McDonald can help you do away with PMI to lower your mortgage payment

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. More often than not, this additional payment is folded into the monthly mortgage payment and is quickly forgotten. PMI isn't required when the remainder of the loan 1039 E Geneva Dr whether through market appreciation or principal pay down 1039 E Geneva Dr goes below the 80% level, making this very unfavorable. In fact, the Homeowners Protection Act (HPA) of 1998 was implemented by the United States Congress that requires lenders to dismiss the PMI payments when the balance is paid down to 78% of the original value.

If you'd like to get rid of PMI, Todd McDonald will provide you with a statement regarding the value of your home. The cost of the home valuation can generally be regained in just a few months because you'll no longer be paying the PMI.

Settling a divorce with less stress

A divorce is often complicated by the burdensome decision of who keeps the property, and it can be an especially heartbreaking occurrence for both parties. So both parties are entirely aware of the true market value of their property, it's a good idea to order an appraisal from Todd McDonald, regardless of the circumstances.

If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've received a fair evaluation.

Accurate and fair estate liquidation with help from Todd McDonaldSettling an estate

The loss of a loved one is a painful time in life, and settling an estate from a death, or probate, often calls for 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, ensuring the highest degree of discretion.

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

Todd McDonald can assist you in relocating to or from Maricopa County

We are aware of the headaches involved with an employee relocation. That being said, we take great care in organizing a convenient appointment time for the appraisal inspection. During our thorough process, we encourage relocating employees to provide remarks on the positive attributes of their property, along with information about any recent sales or listings in their neighborhood that they want considered.

Sell your home quickly at the right price

Whether you decide to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision regarding your asking price. An appraiser has no vested interest in what amount the house sells for, unlike real estate agents. Our fees are derived from our efforts to finish the appraisal report and and aren't related to the sales price.

On a daily basis, we analyze the difference in value items like an additional bathroom or a kitchen remodel can make. And we're experts in knowing how long houses are on the market. So, obtaining a professional appraisal is a trusted way to determine what improvements will add value and what an appropriate sales price is for your home so you don't come up short or have your house on the market an unnecessarily long time.