Attention homeowners: Real estate appraisal services for in Jackson and Madison County

Check out the top 7 reasons TN homeowners use West Tennessee Appraisal:

To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
Challenge a property tax assessment
To cut your mortgage payments by removing PMI
To reinstate their Home Equity Line of Credit (HELOC)
To review a different appraiser's report for verification
In the case of a TN divorce, where property needs to be divided
To settle an estate in Madison county or TN by determining the true market value of real estate in question

Own a house in or near Jackson, TN and need help determining the value of it?
Contact West Tennessee Appraisal.

At West Tennessee Appraisal, we understand the unique needs of a homeowner looking for appraisal services. Our typical business clients get the appraisal process and the customary reporting formats. Being a homeowner that ordinarily doesn't look at appraisals on a regular basis,you can expect extra guidance and explanations through the appraisal process to better understand what we do and how we document our conclusions.

For-Sale-By-Owner (FSBO) / Pre-Listing Services

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at West Tennessee Appraisal are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is a very important negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. It's something tangible to show your buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think your home is worth. Interested buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value assessment than yours.

Appraisals to cancel PMI

A popular way to save money for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your property, 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. West Tennessee Appraisal is seasoned in helping homeowners just like you get rid of unneeded and unwanted PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your home overvalued if you live in a local area that's going down or is not appreciating as much as other properties nearby. This means you are going to pay higher taxes than you should be paying. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. An appraisal report from West Tennessee Appraisal is your number one weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. Not only can this be unsuitable from a cash flow standpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. West Tennessee Appraisal can provide you with an expert appraisal to help you reinstate your home equity line of credit.

Need Field and Desktop Appraisal Review Services?

Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you desire a seasoned expert to double-check your appraisal for precision? We can go out and check the subject and comps in a field review. Or, if you're in a hurry, we can 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 a retrospective review of any appraisal report you may have had done before. While typically requested by banks, you may need to take advantage of this service if you suspect mortgage fraud related to your property.