Attention homeowners in Chattanooga and Hamilton County: Need an appraisal?

Check out the top reasons TN homeowners order from Covington Consulting & Appraising:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. To challenge a TN property tax assessment
  3. Remove PMI to reduce a mortgage payments
  4. Reinstate your Home Equity Line of Credit (or HELOC)
  5. To 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 Hamilton county or TN

Need help determining the price of your home in or near Chattanooga, TN?
Contact Covington Consulting & Appraising.

At Covington Consulting & Appraising, we understand the particular needs of a customer seeking appraisal services. Our usual business clients get the appraisal process and the usual "products" we deliver to them. But as a general consumer,you'll receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we report our conclusions.

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

Since you have an emotional attachment to your house, it's often very hard to be objective about it. Professional appraisers, like the ones at Covington Consulting & Appraising, are objective. We'll tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just how much you think your house is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to an experienced appraiser's value conclusion than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is down below 80% of the value of your house, 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 clients just like you get rid of unwanted and unneeded PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if you live in an area that's going down or is not appreciating as much as other properties close by. This only means you're most likely paying higher taxes than you should be paying. The earlier you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal from Covington Consulting & Appraising is your perfect weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender may just choose 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 be be destructive to your credit score since it may appear as though that credit line is maxed out, and also difficult and inconvenient from a cash flow angle. Covington Consulting & Appraising can help you reinstate your home equity line of credit with a professional appraisal.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire a seasoned expert to double-check your appraisal for verity? An appraiser from Covington Consulting & Appraising can go out and check the subject and comps in question in a field review. Or, if you're in a hurry, we can provide 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 report? Covington Consulting & Appraising can We can assist you. Even though this is usually requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your property.