Attention homeowners in Knox County and surrounding areas: Need an appraisal?Here are the top 5 reasons Tennessee homeowners need Donnie Gilbert Appraisals:
Do you own a house in or near Knoxville? Do you need help determining the price of your real estate?
At Donnie Gilbert Appraisals, we understand the individual needs of a consumer seeking appraisal services. Our usual business clients are used to the appraisal process and the usual documents we provide. But as a consumer, you can expect extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our findings. Pre-listing Services/For Sale By OwnerIt's very hard to be objective about your own house because you most likely have an emotional attachment to 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 a likely buyer, in addition to helping you set a realistic selling price so your home will attract interested buyers. It gives you something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much you think your house is worth. Potential buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to a professional appraiser's value judgement than yours. PMI Removal AppraisalsA popular money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your home. In most cases you can apply to a lender to have the PMI eliminated from your loan. We are seasoned in helping people just like you rid themselves of unwanted and unneeded PMI insurance. Challenging Knox county's assessment of your propertyLets say you live in a local area that's declining -- your local tax assessor may have your house overvalued. 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 sooner you take care of a matter like this, the better off you'll be. An expert appraisal from Donnie Gilbert Appraisals is your strongest weapon when challenging your property tax assessment. 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 house is close to a declining area. Not only can this be disadvantageous 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. Donnie Gilbert Appraisals can provide you with efficient appraisal that will help you reinstate your HELOC. |