Attention homeowners in Hohenwald and Lewis County: Need an appraisal?
The top seven reasons TN homeowners call on Floyd Appraisal Works:
Own a home in or near Hohenwald, TN and need help determining the price of it?
We at Floyd Appraisal Works understand the unique needs of a homeowner looking for appraisal services. Our customary business clients get the appraisal process and the usual "products" we deliver to them. Being a homeowner that probably doesn't see an appraisal on a regular basis,we will provide you with extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report the results of our analysis.
Pre-listing Services/For Sale By Owner (FSBO)
It's very hard to be objective about your own home 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 selling price so your home will attract many interested buyers, a professional appraisal is a crucial negotiating tool once you have an attainable buyer. It gives you something concrete to show the buyer. It's an independent third party's opinion of your property's price, and not just how much you think your home is worth. Potential buyers know you have an emotional attachment to your house and will be much more likely to give credibility to a qualified appraiser's value assessment than yours.
Need to remove PMI?
PMI stands for Private Mortgage Insurance. A preferred way to cut costs 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 your lender to have the PMI removed from your loan. We are experienced in helping people just like you abolish unwanted and unneeded PMI insurance.
Challenge property tax assessments
Your local tax assessor may have your home overvalued if you live in a region that is declining or is not appreciating as much as other homes close by. This only means you are going to pay higher taxes than you should be paying. The sooner you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An appraisal from Floyd Appraisal Works is your perfect weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
Even if your specific property has not declined in value, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow viewpoint. Floyd Appraisal Works can help you reinstate your home equity line of credit with efficient appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Have you just received a copy of your appraisal and you would prefer to have a seasoned expert double-check it for precision or do you want 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. If you need it ASAP, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal? Floyd Appraisal Works can help you with that. Even though this is usually requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your home.