Need an appraisal in Memphis or Shelby County?

See the top reasons TN homeowners hire Affordable Appraisal Service:

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

Own a house in or near Memphis, TN and need help determining the price of it?
Contact Affordable Appraisal Service.

At Affordable Appraisal Service, we understand the individual needs of a consumer in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and accountants. Being a regular consumer that most likely doesn't see an appraisal on a regular basis,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

Since you have an emotional attachment to your own house, it's often very hard to be objective about 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 selling price so your property will attract many interested buyers, a professional appraisal is very important as a negotiating tool once you have an attainable buyer. The appraisal is something tangible to show your buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value conclusion than yours.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. An attractive way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is below 80% of the value of your property, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We are seasoned in helping clients just like you do away with unneeded PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your home overvalued if you live in a region that is going down. That means you're going to pay more taxes than you should. The faster 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 a professional appraisal from Affordable Appraisal Service is your strongest weapon.

HELOC recently frozen?

Your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. This can this be troublesome from a cash flow angle, and bad for your credit score since it may appear as though that credit line is maxed out. Affordable Appraisal Service can provide you with an expert appraisal that will help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Would you like a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you need a professional to double-check your appraisal for precision? In a field review we'll go out and check the subject and comps in question. Or, if you need it immediately, we can 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? We can help with that too. Even though this is usually requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your property.