Attention homeowners in Knoxville and East Tennessee: Need an appraisal?
Here are the top 7 reasons why Tennessee homeowners order from Appraisal Trust Company, LLC:
At Appraisal Trust Company, LLC, we understand the unique needs of a consumer looking for appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, lawyers, and CPAs. But as a general consumer, you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we present our conclusions.
Pre-listing Services/For Sale by OwnerSince you have an emotional attachment to your house, it's often very hard to be objective about it. Our professional appraisers at Appraisal Trust Company, LLC are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is very crucial as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. The appraisal is something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's value, not just you saying how much you think your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value report than yours.
Challenging Knox County's assessment of your propertyLet's say your house is not appreciating as much as other properties close by -- your local tax assessor may have your home overvalued. That means you are most likely paying more taxes than you should. The faster you take care of things like this, the better, since your property assessment may likely go up again in the next period. A professional appraisal from Appraisal Trust Company, LLC is your chief weapon when contesting your property tax assessment.
Need to cancel PMI?PMI stands for Private Mortgage Insurance. An attractive way to save money for homeowners is to get 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 home, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. At Appraisal Trust Company, LLC, we're experts in helping homeowners just like you abolish unwanted and unneeded PMI insurance.
HELOC recently frozen?Your lender may just 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 annoying from a cash flow angle, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from Appraisal Trust Company, LLC can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?Do you need an expert to double-check your appraisal for accuracy, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? Appraisal Trust Company, LLC offers field reviews where we go out and check the subject and comparables. Or, if you need it immediately, 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.
Do you need a retrospective review of an appraisal? We can assist you. While typically requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your home.