Attention homeowners: Real estate appraisal services for in Mayfield and Graves County

The top 7 reasons why KY homeowners use Pritchard Appraisal Services:

  1. Find the right listing price (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. Remove PMI to reduce their mortgage payment
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. To review a different appraiser's report for verification
  6. In the case of a KY divorce, where real estate property needs to be divided
  7. To determine the true market value of property in question to settle an estate in Graves county or KY

Do you own a home in or near Mayfield? Do you need help determining the price of your real estate?
Contact Pritchard Appraisal Services.

We at Pritchard Appraisal Services understand the special needs of a customer after appraisal services. While our usual 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.

Pre-listing Services/For Sale By Owner

It's very hard to be objective about your home because you most likely have an emotional attachment to it. A professional appraiser is objective and 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 very important as a 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 home's price, not just you saying how much you think your house is worth. Interested buyers know you have an emotional attachment to your house and will be far more likely to give credibility to a qualified appraiser's value opinion than yours.

Need to cancel PMI?

A fashionable way to cut costs for homeowners is to get 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 is less than 80% of the value of your home, 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. Pritchard Appraisal Services is experts in helping consumers just like you do away with unwanted PMI insurance.

Challenging Graves county's assessment of your property

Your local tax assessor may have your home overvalued if you live in a local area that's going down or not appreciating as much as other homes nearby. This means you are going to pay higher taxes than you should be paying. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an expert appraisal from Pritchard Appraisal Services is your #1 weapon when contesting your property tax assessment.

Recently got a freeze your HELOC?

If your house is close to a declining area, your lender might just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow standpoint. Pritchard Appraisal Services can provide you with a professional appraisal to help you reinstate your home equity line of credit.

We Provide Field and Desktop Appraisal Review Services

Do you need a veteran appraiser to double-check your appraisal for precision, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? Pritchard Appraisal Services offers field reviews where we'll go out and check the subject and comps in question. If you're in a rush, 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.

Need a retrospective review of an appraisal report? We can We can assist you Even though this is typically requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your home.