Appraisal services for Fort Smith and Sebastian County homeowners
The top seven reasons why Arkansas homeowners hire Ken Colley & Associates Inc.:
We at Ken Colley & Associates Inc. understand the particular needs of a consumer in need of appraisal services. Our usual business clients are used to the appraisal process and the customary reporting formats. Being a homeowner that probably doesn't see an appraisal on a regular basis, you can expect extra guidance and explanations through the appraisal process to understand what we do and how we report our findings.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesIt's very hard to be objective about your own house because you probably 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 interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an interested buyer. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your house's value -- not just you saying how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value estimation than yours.
Challenging a property tax assessmentIf you live in a region that is declining or not appreciating as much as other houses nearby, your local tax assessor may have your house overvalued. This only means you are most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. An expert appraisal from Ken Colley & Associates Inc. is your strongest weapon when challenging your property tax assessment.
Need to remove PMI?A fashionable way to save money for homeowners is getting the PMI removed 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 is less than 80% of the value of your property. In most cases you can apply to a lender to have the PMI canceled from your loan. At Ken Colley & Associates Inc., we're qualified in helping homeowners just like you delete unwanted PMI insurance.
Was your HELOC recently frozen?Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. This can be annoying from a cash flow viewpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. Ken Colley & Associates Inc. can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?Have you just gotten a copy of your appraisal and you'd prefer to have a seasoned expert double-check it for accuracy or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables. 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.
Do you need a retrospective review of an appraisal? We can help with that too. While usually requested by banks, you may wish to take advantage of this service if you suspect mortgage fraud related to your house.