Attention homeowners: Real estate appraisal services for in Berea and Madison County
See the top 7 reasons KY homeowners use Reliable Appraisals Inc.:
Do you own a house in or near Berea? Do you need help determining the price of your real estate?
At Reliable Appraisals Inc., we understand the special needs of a customer seeking appraisal services. Our customary business clients understand the appraisal process and the usual "products" we deliver to them. As our valued client, you'll receive extra guidance and explanations through the appraisal process to understand what we do and how we document the results of our analysis.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your own house, 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. A professional appraisal is very important as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your property will attract buyers. It's something concrete to show the buyer. It's an independent third party's opinion of your house's price, and not just you saying how much your home is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value opinion than yours.
Need to remove PMI?
PMI stands for Private Mortgage Insurance. A fashionable way to save money for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is down 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 are experienced in helping homeowners just like you abolish unnecessary PMI insurance.
Challenge Tax Assessment
Your local tax assessor may have your home overvalued if your home is not appreciating as much as other houses close by. This means you are going to pay higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better. An appraisal from Reliable Appraisals Inc. is your best weapon when challenging your property tax assessment.
HELOC recently frozen?
Your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area -- even if your specific property has not declined in value. Not only can this be annoying from a cash flow point of view, but it can be destructive to your credit score since it may appear as though that credit line is maxed out. Reliable Appraisals Inc. can provide you with a professional appraisal to help you reinstate your home equity line of credit.
Do You Need Field and Desktop Appraisal Review Services?
Would you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you want a seasoned professional to double-check your appraisal for efficiency? We can go out and check the subject and comparables in question in a field review. If you're in a rush, we'll provide 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? We can help with that too. Even though this is typically requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your house.