Attention homeowners in High Point and Guilford County: Need an appraisal?

Here are the top seven reasons NC homeowners hire Petty Appraisals:

  1. Pre-listing appraisals (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 cut their mortgage payment
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Determine the true market value of property in question to settle an estate in Guilford county or NC

Own a home in or near High Point, NC and need help deciding the value of it?
Contact Petty Appraisals.

At Petty Appraisals, we understand the special needs of a consumer looking for 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.

Pre-listing Services/For Sale By Owner

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Our professional appraisers at Petty Appraisals are objective. We won't just tell you what you want to hear, we will tell you what you need to know. In addition to helping you set a realistic price to sell at so your property will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have an interested buyer. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's price -- not just how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your house and will be more likely to give credibility to an expert appraiser's value estimation than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A fashionable money saver for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down 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. We're seasoned in helping consumers just like you rid yourselves of unneeded PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your home overvalued if your home not appreciating as much as other houses close by. 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 faster you take care of things like this, the better. A professional appraisal from Petty Appraisals is your strongest weapon when contesting your property tax assessment.

HELOC recently frozen?

If your house is in a declining area, your lender may decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow point of view. Petty Appraisals can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just gotten a copy of your appraisal and you'd like to have a seasoned professional double-check it for efficiency or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps. Or, if you need it in a rush, 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.

Need a retrospective review of an appraisal? We can help with that too. While usually requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your home.