Tucson Real Estate Appraisal,Inc
Tucson Real Estate Appraisal,Inc is a real estate appraiser serving Tucson, AZ.
About Tucson Real Estate Appraisal,Inc
Tucson Real Estate Appraisal, Inc. provides real estate appraisal and consulting services in Tucson, with Jeffrey Patch serving as the firm's licensed and certified appraiser. Patch has worked as an appraiser in Tucson since 1986 and leads a team that has written thousands of reports. The practice works with the valuation questions that arise during buying, selling, refinancing, lending, estate matters, construction, and property development.
The firm's work is centered on establishing an independent value for a property. An appraisal may help a buyer or seller understand the cost and value of a property, compare it with recent sales, and assess how local market conditions affect the price. The website notes that appraisals may be needed for banking or lender requirements, refinancing, bankruptcy, death or inheritance matters, expert testimony, insurance, and pre-listing decisions. Sellers may seek an appraisal before putting a home on the market, while buyers may use one to evaluate a purchase and understand differences among comparable properties.
Tucson Real Estate Appraisal, Inc. also provides consultation and evaluation services. Patch works with bankers, attorneys, lenders, mortgage brokers, builders, private individuals, and appraisal management companies. His experience includes consulting on construction, community development, and land. The firm's materials emphasize that an appraiser's opinion is different from an internet value or a real estate agent's pricing recommendation, since the appraisal is based on analysis of comparable sales and other property and market data.
The appraisal process includes measurements, photographs, plans, calculations, and analysis of comparable sales. Local issues, interest rates, zoning, and development can all influence the final opinion of value. The appraiser does not simply adopt the price written into a purchase contract or a requested refinance amount. Instead, the value is developed independently, with information used to validate the price and meet lender and underwriting requirements. The website states that an appraisal itself generally takes about 10 days, although the overall transaction can take longer because of loan approval and underwriting.
Patch is also a broker, holds the SRA designation, and is a licensed appraiser in Arizona. He attended the University of Arizona and holds a business degree. His connection to Tucson extends beyond his professional work. The website identifies him as an avid Wildcat fan and notes that he has played every golf course in and around Tucson. The firm's discussion of the local market describes changes following a period of strong price increases, including more listings, longer marketing times, pricing pressure, and reductions in some areas. It also notes that additions, upgrades, pools, and remodeling can be difficult to value consistently as market conditions shift.
People who are unsure whether they need an appraisal can begin with a consultation or review. Tucson Real Estate Appraisal, Inc. works with property owners, buyers, sellers, and professionals seeking an evaluation, appraisal, or guidance about the appropriate type of report. Visitors to the firm's website can also find its discussion of mortgage conditions, affordability, comparable sales, and the factors that influence property value in Tucson.