Real estate appraisal services for homeowners in the city of Hohenwald and Lewis County
See the top seven reasons TN homeowners use Floyd Appraisal Works:
Need help determining the price of your home in or near Hohenwald, TN?
At Floyd Appraisal Works, we understand the individual needs of a homeowner looking for appraisal services. Our regular business clients understand the appraisal process and the usual "products" we deliver to them. As our client, we'll be sure you get extra guidance and explanations through the appraisal process to more clearly 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 home because you most likely have an emotional attachment to it. The professional appraisers at Floyd Appraisal Works will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very important negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your property will attract interested buyers. It's something tangible to show the buyer. The appraisal is an independent third party's opinion of your house's price, not just how much you think your house is worth. Potential buyers know that 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.
Appraisals to cancel PMI
A fashionable way to cut costs for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is below 80% of the value of your property, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. At Floyd Appraisal Works, we're experts in helping homeowners just like you remove undesirable PMI insurance.
Challenging property tax assessments
Your local tax assessor may have your house overvalued if you live in a local area that's going down or not appreciating as much as other properties close by. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better. Getting an appraisal report from Floyd Appraisal Works is your perfect weapon when contesting your property tax assessment.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender may decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. Not only can this be inconvenient from a cash flow viewpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. An expert appraisal from Floyd Appraisal Works can help you reinstate your HELOC.
We Provide Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you need a seasoned professional to double-check your appraisal for precision? An appraiser from Floyd Appraisal Works can go out and check the subject and comps in a field review. Or, if you need it immediately, 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 you may have had done before. While typically requested by banks, you may wish to take advantage of this service if you suspect mortgage fraud related to your home.