Attention homeowners in Berea and Madison County: Need an appraisal?
Here are the top seven reasons KY homeowners need Reliable Appraisals Inc.:
Own a home in or near Berea, KY and need help deciding the price of it?
We at Reliable Appraisals Inc. understand the unique needs of a homeowner looking for appraisal services. Our customary business clients understand the appraisal process and the customary documents we provide. But as a general consumer,you'll receive extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Reliable Appraisals Inc., are objective. We'll 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 property will attract buyers, a professional appraisal is very important as a negotiating tool once you have an attainable buyer. It gives you something tangible to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much your house is worth. Potential buyers assume you have an emotional attachment to your home and will be much more likely to give credibility to an expert appraiser's value judgement than yours.
Need to cancel PMI?
PMI stands for Private Mortgage Insurance. An attractive way to save money for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is below 80% of the value of your property, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. We're experienced in helping consumers just like you abolish unwanted PMI insurance.
Challenge Tax Assessment
Lets say your home is not appreciating as much as other properties nearby -- your local tax assessor may have your home overvalued. This only means you are going to pay higher taxes than you should be paying. The sooner you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Reliable Appraisals Inc. is your #1 weapon when challenging your property tax assessment.
Was your HELOC recently frozen?
Even if your specific property has not declined in value, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. This can this be unsuitable from a cash flow point of view, and negative on your credit score since it may appear as though that credit line is maxed out. Reliable Appraisals Inc. can help you reinstate your home equity line of credit with efficient appraisal.
Need Field and Desktop Appraisal Review Services?
Have you just been given a copy of your appraisal and you'd prefer to have a professional double-check it for accuracy or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Reliable Appraisals Inc. can go out and check the subject and comps in a field review. If you need it in a rush, we'll provide you with a 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 report? Reliable Appraisals Inc. can We can assist you. Even though this is typically requested by banks, you may need to employ this service if you suspect mortgage fraud related to your house.