Attention homeowners in Louisville and Jefferson County: Need an appraisal?
See the top 7 reasons KY homeowners call on Galloway Appraisal:
Need help deciding the price of your home in or near Louisville, KY?
We at Galloway Appraisal understand the unique needs of a customer after appraisal services. Our usual business clients understand the appraisal process and the usual documents we provide. Being a homeowner that ordinarily doesn't see an appraisal on a regular basis,you'll receive extra guidance and explanations through the appraisal process to understand what we do and how we present our conclusions.
Pre-listing Services/For Sale By Owner (FSBO)
It's very hard to be objective about your own home because of your emotional attachment to it. Professional appraisers, like the ones at Galloway Appraisal, are objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just how much you think your home is worth. Interested buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value opinion than yours.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a fashionable way to save money for homeowners. Once your mortgage loan is down below 80% of the value of your property, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. We're experts in helping folks just like you rid yourselves of unwanted and unneeded PMI insurance.
Challenging a property tax assessment
Your local tax assessor may have your home overvalued if you live in a local area that's declining. This means you're probably paying 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 things like this, the better off you'll be. When contesting your property tax assessment, getting an appraisal report from Galloway Appraisal is your strongest weapon.
HELOC recently frozen?
Even if your specific property has not declined in value, your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. Not only can this be annoying from a cash flow point of view, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. Galloway Appraisal can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Do you need a seasoned expert to double-check your appraisal for preciseness, or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Galloway Appraisal can go out and check the subject and comparables in a field review. 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.
Need a retrospective review of an appraisal report? We can help you with that While usually requested by banks, you may need to employ this service if you suspect mortgage fraud related to your house.