Attention homeowners: Real estate appraisal services for in London and Laurel County

Check out the top seven reasons why KY homeowners use Mike Humfleet Appraisal Service:

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

Do you own a house in or near London? Do you need help deciding the value of your real estate?
Contact Mike Humfleet Appraisal Service.

We at Mike Humfleet Appraisal Service understand the unique needs of a consumer seeking appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

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

It's very hard to be objective about your own house because of your emotional attachment to it. Professional appraisers, like the ones at Mike Humfleet Appraisal Service, are objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is very important as a negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your house will attract interested buyers. It gives you something concrete to show your buyer. The 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. Interested buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to a qualified appraiser's value report than yours.

Need to cancel PMI?

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

Challenging property tax assessments

Your local tax assessor may have your home overvalued if your home not appreciating as much as other properties nearby. That only means you are most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of a matter like this, the better off you'll be. When challenging your property tax assessment, getting an expert appraisal from Mike Humfleet Appraisal Service is your perfect weapon.

HELOC recently frozen?

Your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. This can this be inopportune from a cash flow angle, and bad for your credit score since it may appear as though that credit line is maxed out. Mike Humfleet Appraisal Service can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just been given a copy of your appraisal and you'd wish to have a seasoned expert double-check it for accuracy or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. 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.

We can also provide you with a a retrospective review of any appraisal report you may have in your possession. While typically requested by banks, you may need to use this service if you suspect mortgage fraud related to your house.