Getting an appraisal from Barbara Banis

To a lot of us, an appraisal just looks like a line item in the long list of items for a home purchase or refinance. And while there are a growing number of automated home valuation processes that may appear to be more cost-effective than an appraisal, practically all lenders still want a local expert because the stakes are so high. You might think that obtaining a mortgage is the only reason you should get an appraisal, but there are additional instances when the services of a certified, independent real estate professional might be beneficial.


	Order appraisals on this website by simply clicking here.

Challenge your tax assessment in Pima County

If you reside in an area where the value of property has declined, it's possible you're paying too much in property taxes. An appraisal from Barbara Banis is your best evidence when building your case. We're equipped to assist you in challenging your tax assessment.

How can you do away with PMI to lower your mortgage payment?

When the amount being loaned to the buyer is more than 80% of the actual value of the real estate, many lenders ask home owners to take out an supplemental insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this additional payment is bundled into the monthly mortgage payment and is promptly forgotten. PMI isn't necessary when the remaining balance of the loan - whether through market appreciation or principal pay down - decreases below the 80% mark, making this very unfortunate. In fact, the Homeowners Protection Act (HPA) of 1998 was passed by the United States Congress that requires lenders to remove the PMI installments when the balance is paid down to 78% of the original value.

Barbara Banis will produce a statement regarding the value of your home, and the price you paid for the home valuation can generally be recovered in little time because you'll no longer be paying the PMI.

Settling a divorce with less stress with an appraisal from Barbara Banis

A divorce is often complicated by the hard decision of who keeps the property, and it can be a very traumatic event for both parties. Regardless of the situation, it's wise to order an appraisal from Barbara Banis so both parties are fully aware of the true market value of their home.

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

Settling an estate with peace of mind

The loss of a loved one is a hard time in life, and settling an estate from a death, or probate, often requires an appraisal to establish Market Value for the residential property involved. The ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP) binds us with confidentiality, guaranteeing the highest degree of discretion.

Most Americans don't have dedicated estate planners or executors to manage these affairs, unlike wealthy individuals. And seeing that a home or other property often makes up a disproportionate share of the total estate value, knowing the absolute value of the real estate at hand is of essential importance to ensuring disputing parties leave knowing they've received an honest deal.

Let Barbara Banis assist you in relocating to or from Pima County

We understand the stress involved with an employee relocation. That being said, we take great care in setting up an accommodating appointment time for the appraisal inspection. During our detailed process, we encourage employees that are moving to provide remarks on the positive characteristics of their property, along with information regarding any current sales or listings in their area that they want considered.

Sell your home quickly at the right price

Whether you want to sell your home on your own or use the assistance of a real estate agent, a professional appraisal can help you make a better educated decision regarding your asking price. An appraiser has no vested interest in what price the house sells for, unlike real estate agents. Our fees depend on our efforts to complete the appraisal report and not a percentage of the sales price.

We examine the difference in value items like an extra bathroom or a kitchen remodel can make on a daily basis. Seeking a professional appraisal is a reliable way to determine 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 homes are one the market.