Attention homeowners in Berea and Madison County: Need an appraisal?
Here are the top seven reasons KY homeowners hire Reliable Appraisals Inc.:
Own a house in or near Berea, KY and need help determining the price of it?
At Reliable Appraisals Inc., we understand the individual needs of a consumer after appraisal services. While our usual 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. 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 price to sell at so your house will attract buyers, a professional appraisal is a crucial negotiating tool once you have a potential buyer. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your home and will be more likely to give credibility to an experienced appraiser's value conclusion than yours.
Need to remove PMI?
Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a fashionable way to cut expenses for homeowners. 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 eliminated from your loan, which will make your monthly payments go down. We are qualified in helping people just like you remove unwanted PMI insurance.
Challenging Madison county's assessment of your property
Lets say you live in a region that's declining -- your local tax assessor may have your home overvalued. That only means you're paying more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better off you'll be. When contesting your property tax assessment, getting an expert appraisal from Reliable Appraisals Inc. is your #1 weapon.
HELOC recently frozen?
Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. Not only can this be unsuitable 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. Reliable Appraisals Inc. can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Would you prefer a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you desire a seasoned professional to double-check your appraisal for accuracy? We 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.
Do you need a retrospective review of an appraisal? Reliable Appraisals Inc. can help you with that. While typically requested by banks, you may need to use this service if you suspect mortgage fraud related to your property.