Need an appraisal in Bowling Green or Warren County?

Here are the top seven reasons KY homeowners use Lewis Appraisals:

  1. To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. To challenge a KY property tax assessment
  3. Remove PMI to lower a mortgage payment
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. In the case of a KY divorce, where real estate property needs to be divided
  7. To settle an estate in KY by determining the true market value of real estate in question

Need help deciding the price of your house in or near Bowling Green, KY?
Contact Lewis Appraisals.

We at Lewis Appraisals understand the individual needs of a homeowner in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and CPAs. As our client, we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we report the results of our analysis.

For Sale By Owner/Pre-Listing Services

It'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. A professional appraisal is very crucial as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your home will attract interested buyers. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your property's price, not just how much you think your house is worth. Potential buyers know that you have an emotional attachment to your home and will be more likely to give credibility to an experienced appraiser's value conclusion than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A fashionable money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your home. In most cases you can apply to the lender to have the PMI eliminated from your loan. At Lewis Appraisals, we're seasoned in helping customers just like you rid yourselves of unwanted PMI insurance.

Challenge a property tax assessment

If you live in a local area that is going down or not appreciating as much as other houses nearby, your local tax assessor may have your house overvalued. This 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 Lewis Appraisals is your number one weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

If your home 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. Not only can this be inopportune from a cash flow viewpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Lewis Appraisals can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you want a seasoned expert to double-check your appraisal for precision? Lewis Appraisals 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.

Do you need a retrospective review of an appraisal report? Lewis Appraisals can help with that too. While typically requested by banks, you may desire to utilize this service if you suspect mortgage fraud related to your home.