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Appraisal services for Brighton and Tipton County homeowners

The top reasons Tennessee homeowners use McCormick Real Estate Services of Tennessee:

  1. Get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
  2. Challenge property tax assessments
  3. To lower their mortgage payments by removing PMI
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Verify another appraiser's report
  6. If real estate property needs to be divided because of a divorce
  7. To determine the true market value of real estate to settle an estate
Do you own a home in or near Brighton? Do you need help determining the price of your real estate? Contact McCormick Real Estate Services of Tennessee.

We at McCormick Real Estate Services of Tennessee understand the unique needs of a homeowner looking for appraisal services. Our usual business clients are used to the appraisal process and the usual "products" we deliver to them. As our non-traditional client, you will receive extra guidance and explanations through the appraisal process to understand what we do and how we report our conclusions.

Pre-listing Services/For Sale by Owner

It's very hard to be objective about your own house because of your emotional attachment to it. The professional appraisers at McCormick Real Estate Services of Tennessee 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 selling price so your property will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a likely buyer. It gives you something tangible to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much you think your home is worth. Interested buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an accomplished appraiser's value report than yours.

Challenging property tax assessments

Your local tax assessor may have your house overvalued if your home is not appreciating as much as other homes close to yours. This means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better off you'll be. When contesting your property tax assessment, getting an appraisal from McCormick Real Estate Services of Tennessee is your strongest weapon.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A preferred way to save money for homeowners is getting 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 amount is down below 80% of the value of your property. In most cases you can apply to a lender to have the PMI canceled from your loan. We're qualified in helping consumers just like you rid yourselves of unnecessary PMI insurance.

Was your HELOC recently frozen?

Your lender may just choose to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area -- even if your specific property has not declined in value. Not only can this be 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. McCormick Real Estate Services of Tennessee can help you reinstate your home equity line of credit with a professional appraisal.

Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you want an expert to double-check your appraisal for precision? McCormick Real Estate Services of Tennessee offers field reviews where we go out and check the subject and comps. Or, if you need it immediately, we can provide 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 done before. Although most appraisal reviews are requested by lenders for quality control, homeowners that have reason to believe they've been the victim of mortgage fraud are prudent to invest in a second opinion.