Need an appraisal in Hohenwald or Lewis County?
The top seven reasons TN homeowners call on Floyd Appraisal Works:
Own a house in or near Hohenwald, TN and need help deciding the price of it?
We at Floyd Appraisal Works understand the unique needs of a homeowner in need of appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For Sale By Owner (FSBO)/Pre-Listing Services
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Our professional appraisers at Floyd Appraisal Works are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is a very valuable negotiating tool once you have a likely buyer. It gives you something tangible to show your 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. Interested buyers know you have an emotional attachment to your home and will be far more likely to give credibility to an expert appraiser's value estimation than yours.
Need to remove PMI?
PMI stands for Private Mortgage Insurance. A popular money saver for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your house. In most cases you can apply to the lender to have the PMI canceled from your loan. At Floyd Appraisal Works, we're seasoned in helping clients just like you get rid of undesirable PMI insurance.
Challenge a property tax assessment
Lets say you live in a local area that is going down -- your local tax assessor may have your home overvalued. That means you are probably paying 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. Getting a professional appraisal from Floyd Appraisal Works is your chief weapon when challenging your property tax assessment.
Recently got a freeze your HELOC?
If your property is in a declining area, your lender might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be troublesome from a cash flow angle, 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.
Field and Desktop Appraisal Review Services
Do you need a veteran appraiser to double-check your appraisal for efficiency, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables. 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 report you may have had done before. While usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your home.