Attention homeowners in Bowling Green and Warren County: Need an appraisal?

The top seven reasons KY homeowners order from Nicholas McWhorter:

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

Need help deciding the price of your home in or near Bowling Green, KY?
Contact Nicholas McWhorter.

At Nicholas McWhorter, we understand the special needs of a consumer seeking appraisal services. While our usual 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.

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. 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 a crucial negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract many 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. Potential buyers know you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value assessment than yours.

Need to remove PMI?

A fashionable way to cut costs 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". 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 your lender to have the PMI canceled from your loan. We're experts in helping clients just like you rid yourselves of unneeded and unwanted PMI insurance.

Challenge Tax Assessment

Your local tax assessor may have your home overvalued if you live in an area that's declining. This means you're most likely paying higher taxes than you should be paying. The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Nicholas McWhorter is your chief weapon when challenging your property tax assessment.

HELOC recently frozen?

If your house is near a declining area, your lender just might 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 difficult and inconvenient from a cash flow standpoint, but it can be bad for your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Nicholas McWhorter can help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Would you like a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for precision? Nicholas McWhorter offers field reviews where we go out and check the subject and comparables. If you need it immediately, 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? Nicholas McWhorter can help you with that. While typically requested by banks, you may wish to take advantage of this service if you suspect mortgage fraud related to your home.