Attention homeowners in the Knoxville area: Need an appraisal?
Check out the top 7 reasons why Tennessee homeowners use All About Appraisals:
At All About Appraisals, we understand the particular needs of a homeowner in need of appraisal services. Our typical business clients are used to the appraisal process and the customary documents we provide. As our client, you can expect extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our findings.
Pre-listing Services/For Sale by Owner (FSBO)It's very hard to be objective about your own house because you probably have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your home will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have a potential buyer. It gives you something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just you saying how much you think your house is worth. Interested buyers assume you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value opinion than yours.
Challenge Tax AssessmentLet's say your home is not appreciating as much as other houses close to yours -- your local tax assessor may have your home overvalued. That only means you're going to pay more taxes than you should. The earlier 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 contesting your property tax assessment, getting a professional appraisal from All About Appraisals is your perfect weapon.
Need to cancel PMI?PMI stands for Private Mortgage Insurance. A preferred way to cut costs for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is less than 80% of the value of your home. In most cases you can apply to the lender to have the PMI removed from your loan. All About Appraisals is seasoned in helping clients just like you do away with unwanted PMI insurance.
HELOC recently frozen?Even if your specific property has not declined in value, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can be difficult and inconvenient from a cash flow angle, and bad for your credit score since it may appear as though that credit line is maxed out. A professional appraisal from All About Appraisals can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you want a seasoned appraiser to double-check your appraisal for preciseness? We can go out and check the subject and comps in a field review. Or, if you need it in a rush, we can provide you with a 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 you may have had done before. While typically requested by banks, you may want to use this service if you suspect mortgage fraud related to your home.