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Attention homeowners: Real estate appraisal services for in Springfield and Washington County

Here are the top 7 reasons Kentucky homeowners use Royalty Appraisals Inc.:

  1. Find the right listing price (whether you're using an agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to lower their monthly mortgage payment
  4. Reinstate your Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. To settle an estate in Kentucky by determining the true market value of the real estate in question
Need help deciding the value of your home in or near Springfield, Kentucky? Contact Royalty Appraisals Inc..

At Royalty Appraisals Inc., we understand the particular needs of a customer after appraisal services. While our usual business 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.

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

It's very hard to be objective about your home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Royalty Appraisals Inc., will be objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have an interested buyer. The appraisal is something tangible to show the buyer. The appraisal is an independent third party's opinion of your property's value, not just how much you think your home is worth. Potential buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value assessment than yours.

Challenging Washington County's assessment of your property

Let's say your home is not appreciating as much as other homes close to yours -- your local tax assessor may have your home overvalued. That only means you are probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better. Getting a professional appraisal from Royalty Appraisals Inc. is your perfect weapon when challenging your property tax assessment.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A fashionable way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your property. In most cases you can apply to your lender to have the PMI eliminated from your loan. We're experts in helping people just like you delete unnecessary PMI insurance.

Was your 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 house is close to a declining area. Not only can this be annoying from a cash flow angle, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Royalty Appraisals Inc. can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Have you just been given a copy of your appraisal and you would like to have a veteran appraiser double-check it for precision or do you need a second opinion without the added cost and delay of waiting for a whole new appraisal? Royalty Appraisals Inc. offers field reviews where we go out and check the subject and comps. Or, if you need it ASAP, we can provide 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? Royalty Appraisals Inc. can help you with that. While typically requested by banks, you may wish to take advantage of this service if you suspect mortgage fraud related to your home.