Attention homeowners in Mayfield and Graves County: Get an Appraisal today!

Here are the top seven reasons Kentucky homeowners hire Elite Appraisal Group:

  1. Find the right listing price (whether they're selling the home on their own or using a real estate agent)
  2. To challenge a property tax assessment in Kentucky
  3. To reduce their mortgage payments by removing PMI
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. To settle an estate in Kentucky by determining the true market value of the property in question
Do you own a home in or near Mayfield? Do you need help determining the price of your real estate? Contact Elite Appraisal Group.

We at Elite Appraisal Group understand the individual needs of a consumer after appraisal services. Our typical business clients are used to the appraisal process and the customary reporting formats. But as a general consumer, you will receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report the results of our analysis.

Pre-listing Services/For Sale by Owner

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

Challenge property tax assessments

Let's say you live in a local area that's declining -- your local tax assessor may have your home overvalued. This only means you are most likely paying higher taxes than you should be paying. The sooner 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. Getting an expert appraisal from Elite Appraisal Group is your chief weapon when contesting your property tax assessment.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a fashionable way to save money for homeowners. Once your mortgage loan is below 80% of the value of your house, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. At Elite Appraisal Group, we're qualified in helping consumers just like you rid yourselves of unnecessary PMI insurance.

Recently got a freeze to your HELOC?

If your house is near a declining area, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be troublesome from a cash flow angle, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Elite Appraisal Group can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just accepted a copy of your appraisal and you would prefer to have a veteran appraiser double-check it for verity or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Elite Appraisal Group can go out and check the subject and comparables in a field review. If you're in a hurry, 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.

We can also provide you with a retrospective review of any appraisal report you may have had in the past. Although most appraisal reviews are requested by lenders, homeowners suspecting a prior appraisal wasn't above board are prudent to get a second opinion.