Attention homeowners in Hohenwald and Lewis County: Need an appraisal?
The top seven reasons TN homeowners use Floyd Appraisal Works:
Own a house in or near Hohenwald, TN and need help deciding the value of it?
We at Floyd Appraisal Works understand the particular needs of a customer after appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer 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 house, 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 selling price so your house will attract 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. The appraisal is an independent third party's opinion of your home's value, not just how much you think your house is worth. Interested buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to a qualified appraiser's value judgement than yours.
PMI Removal Appraisals
A popular 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 is less than 80% of the value of your house, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. We are experts in helping homeowners just like you get rid of unwanted and unneeded PMI insurance.
Challenging a property tax assessment
If you live in a local area that is going down or not appreciating as much as other properties close by, your local tax assessor may have your home overvalued. That means you're most likely 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. Getting an expert appraisal from Floyd Appraisal Works is your perfect weapon when contesting your property tax assessment.
HELOC recently frozen?
Your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area -- even if your specific property has not declined in value. This can be be damaging to your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow standpoint. Floyd Appraisal Works can help you reinstate your home equity line of credit with efficient appraisal.
We Offer Field and Desktop Appraisal Review Services
Would you prefer a second opinion without the cost 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 comparables 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.
Need a retrospective review of an appraisal report? We can We can assist you Even though this is typically requested by banks, you may want to employ this service if you suspect mortgage fraud related to your property.