Real estate appraisal services for homeowners in the city of London and Laurel County

Here are the top reasons KY homeowners call on Real World Appraisal:

Get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
To challenge a KY property tax assessment
To lower your mortgage payment by removing PMI
Reinstate your Home Equity Line of Credit (HELOC)
To review a different appraiser's report for verification
If real estate property needs to be divided because of a divorce
To determine the true market value of property in question to settle an estate in KY

Need help determining the price of your home in or near London, KY?
Contact Real World Appraisal.

We at Real World Appraisal understand the individual needs of a consumer looking for appraisal services. Our customary business clients are used to the appraisal process and the standard documents we provide. But as a general consumer,you'll receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our findings.

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

Since you have an emotional attachment to your home, it's often very hard to be objective about it. The professional appraisers at Real World Appraisal will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very valuable as a negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your house will attract buyers. It gives you something concrete to show your buyer. An appraisal is an independent third party's opinion of your home's value -- not just you saying how much you think your house is worth. Potential buyers know that you have an emotional attachment to your house and will be much more likely to give credibility to an accomplished appraiser's value judgement than yours.

Need to cancel PMI?

A preferred way to save money for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your home. In most cases you can apply to your lender to have the PMI removed from your loan. We're experienced in helping people just like you rid themselves of unneeded and unwanted PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your home overvalued if you live in a region that is going down or is not appreciating as much as other properties nearby. That means you are paying more taxes than you should. The quicker you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal from Real World Appraisal is your number one weapon.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might choose to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. This can be be damaging to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow point of view. Real World Appraisal can help you reinstate your HELOC.

We Offer Field and Desktop Appraisal Review Services

Would you like a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you need an expert to double-check your appraisal for efficiency? We can go out and check the subject and comps in question in a field review. If you need it in a rush, we'll 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? Real World Appraisal can help with that too. While usually requested by banks, you may wish to exercise this service if you suspect mortgage fraud related to your house.