Attention homeowners: Real estate appraisal services for in Chattanooga and Hamilton County

The top seven reasons why TN homeowners call on Chattanooga Real Estate:

  1. To get a pre-listing appraisal (whether they're selling the home themselves or using an agent)
  2. Challenge a property tax assessment
  3. Remove PMI to cut a mortgage payments
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. In the case of a TN divorce, where real estate needs to be divided
  7. Determine the true market value of property in question to settle an estate in Hamilton county or TN

Do you own a home in or near Chattanooga? Do you need help determining the value of your real estate?
Contact Chattanooga Real Estate.

We at Chattanooga Real Estate understand the unique needs of a consumer in need of appraisal services. Our typical business clients are used to the appraisal process and the customary documents we provide. But as a general consumer,we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our conclusions.

Pre-listing Services/For Sale By Owner

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Chattanooga Real Estate, will be objective. We will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your home will attract buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. It gives you something concrete to show your buyer. The appraisal is an independent third party's opinion of your house's price, not just how much your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value assessment than yours.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is less than 80% of the value of your home. In most cases you can apply to the lender to have the PMI canceled from your loan. At Chattanooga Real Estate, we're experienced in helping homeowners just like you rid themselves of unwanted PMI insurance.

Challenge a property tax assessment

If you live in a region that is going down or not appreciating as much as other houses close to yours, your local tax assessor may have your home overvalued. That only means you're most likely paying more taxes than you should. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal from Chattanooga Real Estate is your strongest weapon.

Recently got a freeze your HELOC?

Your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. This can this be difficult from a cash flow angle, and detrimental to your credit score since it may appear as though that credit line is maxed out. Chattanooga Real Estate can provide you with an expert appraisal that will help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you'd prefer to have a seasoned expert double-check it for precision or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps 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 Even though this is typically requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your home.