Real estate appraisal services for homeowners in the city of Hohenwald and Lewis County
See the top seven reasons TN homeowners call on Floyd Appraisal Works:
Do you own a home in or near Hohenwald? Do you need help deciding the price of your real estate?
We at Floyd Appraisal Works understand the unique needs of a consumer looking for appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like banks, lawyers, and accountants. As our client, you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.
For Sale By Owner/Pre-Listing Services
Since you have an emotional attachment to your home, it's often very hard to be objective about 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 very crucial as a 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 gives you something tangible to show the buyer. It's an independent third party's opinion of your house's value, and not just how much your home is worth. Interested buyers know you have an emotional attachment to your house and will be much more likely to give credibility to an accomplished appraiser's value judgement than yours.
PMI Removal Appraisals
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred way to cut costs for homeowners. Once your mortgage loan is below 80% of the value of your property, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. At Floyd Appraisal Works, we're experienced in helping clients just like you rid themselves of undesirable PMI insurance.
Challenging Lewis county's assessment of your property
Lets say you live in a local area that is declining -- your local tax assessor may have your house overvalued. That means you're 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. An appraisal from Floyd Appraisal Works is your #1 weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
If your home is in or near a declining area, your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be disadvantageous from a cash flow angle, and damaging to your credit score since it may appear as though that credit line is maxed out. Floyd Appraisal Works can provide you with a professional appraisal that will help you reinstate your HELOC.
We Also Offer Field and Desktop Appraisal Review Services
Have you just been given a copy of your appraisal and you'd prefer to have a seasoned appraiser double-check it for accuracy or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? Floyd Appraisal Works offers field reviews where we'll go out and check the subject and comps. 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.
We can also provide a retrospective review of any appraisal report you may have in your possession. While usually requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your property.