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Attention homeowners: Real estate appraisal services for in Frankfort and Franklin County

Here are the top seven reasons why Kentucky homeowners hire Joe Johnson Appraisals:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to reduce a monthly mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. To settle an estate in Kentucky by determining the true market value of the property in question
Do you own a home in or near Frankfort? Do you need help deciding the value of your real estate? Contact Joe Johnson Appraisals.

At Joe Johnson Appraisals, we understand the particular needs of a consumer looking for appraisal services. Our customary business clients understand the appraisal process and the usual reporting formats. As our client, we will give you extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document the results of our analysis.

Pre-listing Services/For Sale by Owner (FSBO)

It's very hard to be objective about your own home because you most likely have an emotional attachment to it. The professional appraisers at Joe Johnson Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract buyers. It gives you something concrete to show the buyer. It's an independent third party's opinion of your house's value, and 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 far more likely to give credibility to a seasoned appraiser's value estimation than yours.

Challenging a property tax assessment

Let's say your house is not appreciating as much as other homes close to yours -- your local tax assessor may have your home 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 quicker you take care of things like this, the better off you'll be. A professional appraisal from Joe Johnson Appraisals is your best weapon when contesting your property tax assessment.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a fashionable way to save money for homeowners. Once your mortgage loan is below 80% of the value of your property, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. We are seasoned in helping clients just like you do away with unnecessary PMI insurance.

Recently got a freeze to your HELOC?

Your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area -- even if your specific property has not declined in value. Not only can this be unsuitable from a cash flow angle, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Joe Johnson Appraisals can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Do you need a seasoned professional to double-check your appraisal for accuracy, or do you want a second opinion without the charge and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. Or, if you need it in a rush, 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 report? We can assist you. Even though most appraisal reviews are requested by lenders, homeowners that have reason to believe they've been the victim of mortgage fraud are prudent to invest in a second opinion.