Attention homeowners in Lafayette and Macon County: Need an appraisal?

Here are the top seven reasons TN homeowners use Wendy Morrison:

  1. Pre-listing appraisals (whether they're selling the home themselves or using a real estate agent)
  2. Challenge Macon county's assessment of your property
  3. Remove PMI to reduce their monthly mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. In the case of a TN divorce, where property needs to be divided
  7. To settle an estate in TN by determining the true market value of real estate in question

Do you own a house in or near Lafayette? Do you need help deciding the price of your real estate?
Contact Wendy Morrison.

We at Wendy Morrison understand the particular needs of a consumer in need of appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For-Sale-By-Owner (FSBO) / Pre-Listing Services

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 Wendy Morrison, 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 property will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It's something tangible to show the buyer. It's an independent third party's opinion of your house's value, and not just how much your house is worth. Interested buyers know you have an emotional attachment to your home and will be far more likely to give credibility to an expert appraiser's value report than yours.

PMI Removal Appraisals

A preferred way to save money for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. Wendy Morrison is experienced in helping people just like you remove unneeded PMI insurance.

Challenge Macon county's assessment of your property

Your local tax assessor may have your house overvalued if you live in a local area that is going down. This only means you're probably paying higher taxes than you should be paying. The earlier you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal from Wendy Morrison is your perfect weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just may choose to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. Not only can this be disadvantageous from a cash flow point of view, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Wendy Morrison can provide you with efficient appraisal to help you reinstate your home equity line of credit.

Do You Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want a veteran appraiser to double-check your appraisal for precision? In a field review we'll go out and check the subject and comparables in question. If you need it ASAP, we'll 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? Wendy Morrison can We can assist you. Even though this is usually requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your property.