Attention homeowners: Real estate appraisal services for in Jackson and Madison County
The top 7 reasons why TN homeowners use Dollar Appraisals:
Need help determining the value of your house in or near Jackson, TN?
At Dollar Appraisals, we understand the unique needs of a customer in need of 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 home, it's often very hard to be objective about it. The professional appraisers at Dollar Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic selling price so your home will attract buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer. The appraisal is something concrete to show your buyer. It's an independent third party's opinion of your home's price, and not just how much your home is worth. Potential buyers assume you have an emotional attachment to your house and will be more likely to give credibility to a professional appraiser's value opinion than yours.
Appraisals to cancel PMI
PMI stands for Private Mortgage Insurance. A preferred way to cut costs for homeowners is getting the PMI canceled 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 home, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Dollar Appraisals is seasoned in helping folks just like you rid yourselves of undesirable PMI insurance.
Challenging Madison county's assessment of your property
Your local tax assessor may have your house overvalued if you live in a local area that is declining. This means you are probably paying higher taxes than you should be paying. The earlier you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal report from Dollar Appraisals is your best weapon.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. Not only can this be difficult and inconvenient from a cash flow standpoint, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Dollar Appraisals can help you reinstate your home equity line of credit with an expert appraisal.
We Also Offer Field and Desktop Appraisal Review Services
Do you need a veteran appraiser to double-check your appraisal for accuracy, or do you want a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from Dollar Appraisals can go out and check the subject and comps in a field review. If you need it immediately, 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 you with a a retrospective review of any appraisal you may have had done before. While typically requested by banks, you may desire to make use of this service if you suspect mortgage fraud related to your property.