Appraisal services for Hohenwald and Lewis County homeowners
Here are the top 7 reasons TN homeowners call on Floyd Appraisal Works:
Do you own a home in or near Hohenwald? Do you need help determining the price of your real estate?
We at Floyd Appraisal Works understand the individual needs of a customer after appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and CPAs. As our client, we will provide you with extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present the results of our analysis.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your home because of your emotional attachment to it. Professional appraisers, like the ones at Floyd Appraisal Works, are objective. We will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your house will attract buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. The appraisal is something concrete to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much your home is worth. Potential buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value judgement than yours.
Need to cancel PMI?
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is an attractive money saver for homeowners. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to a lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're veterans in helping people just like you dismiss undesirable PMI insurance.
Challenging Lewis county's assessment of your property
Lets say you live in an area that's declining -- your local tax assessor may have your home overvalued. That only means you're probably paying more taxes than you should. The faster you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. A professional appraisal from Floyd Appraisal Works is your best weapon when challenging your property tax assessment.
HELOC recently frozen?
Your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can this be inopportune from a cash flow angle, and destructive to your credit score since it may appear as though that credit line is maxed out. Floyd Appraisal Works can help you reinstate your home equity line of credit with an expert appraisal.
Field and Desktop Appraisal Review Services
Have you just received a copy of your appraisal and you would like to have a seasoned appraiser double-check it for preciseness or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Floyd Appraisal Works can go out and check the subject and comparables in a field review. Or, if you need it in a rush, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide you with a a retrospective review of any appraisal report you may have in your possession. While usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your home.