Attention homeowners in McMinnville and Warren County: Need an appraisal?

Here are the top 7 reasons TN homeowners need Foster & Foster Realty and Auction Company:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge Warren county's assessment of your propertyvalue
  3. Remove PMI to cut their monthly mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a TN divorce, when real estate needs to be divided
  7. To settle an estate in TN by determining the true market value of real estate in question

Own a house in or near McMinnville, TN and need help determining the price of it?
Contact Foster & Foster Realty and Auction Company.

At Foster & Foster Realty and Auction Company, we understand the special needs of a consumer seeking appraisal services. While our usual 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/Pre-Listing Services

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at Foster & Foster Realty and Auction Company 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 house will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have a potential buyer. The appraisal is something tangible to show the buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value judgement than yours.

Need to cancel PMI?

A fashionable way to save money for homeowners is to get the PMI removed 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 amount is less than 80% of the value of your property. In most cases you can apply to your lender to have the PMI canceled from your loan. We are seasoned in helping people just like you rid yourselves of unwanted PMI insurance.

Challenge Warren county's assessment of your property

Your local tax assessor may have your house overvalued if you live in a region that's going down or not appreciating as much as other homes close to yours. That only means you're paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of things like this, the better off you'll be. Getting an expert appraisal from Foster & Foster Realty and Auction Company is your #1 weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area -- even if your specific property has not declined in value. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also troublesome from a cash flow standpoint. Foster & Foster Realty and Auction Company can provide you with efficient appraisal to help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Do you need a veteran appraiser to double-check your appraisal for precision, or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Foster & Foster Realty and Auction Company can go out and check the subject and comps in question in a field review. If you need it ASAP, 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.

We can also provide you with a a retrospective review of any appraisal report you may have in your possession. Even though this is usually requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your property.