Appraisal services for Evansville and Vanderburgh County homeowners

The top seven reasons why IN homeowners use Kumar Appraisals, Inc:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. To challenge a IN property tax assessment
  3. Remove PMI to cut their monthly mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Verify a different appraiser's report
  6. In the case of a IN divorce, where real estate property needs to be divided
  7. Settle an estate in IN by determining the true market value of property in question

Need help determining the price of your home in or near Evansville, IN?
Contact Kumar Appraisals, Inc.

We at Kumar Appraisals, Inc understand the special needs of a consumer after appraisal services. Our regular business clients get the appraisal process and the standard "products" we deliver to them. But as a general consumer,we will give you 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 (FSBO)

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Professional appraisers, like the ones at Kumar Appraisals, Inc, 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 selling price so your property will attract buyers, a professional appraisal is a very important negotiating tool once you have a potential buyer. The appraisal is something tangible to show your buyer. The appraisal is an independent third party's opinion of your house's value, not just you saying how much your house is worth. Interested buyers know you have an emotional attachment to your house and will be more likely to give credibility to a seasoned appraiser's value opinion than yours.

Appraisals to remove PMI

PMI stands for Private Mortgage Insurance. A popular money saver 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 less than 80% of the value of your house. In most cases you can apply to your lender to have the PMI canceled from your loan. We're experts in helping consumers just like you abolish unnecessary PMI insurance.

Challenge Tax Assessment

Lets say your home is not appreciating as much as other homes close by -- your local tax assessor may have your house overvalued. That means you are most likely 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. When contesting your property tax assessment, getting an appraisal from Kumar Appraisals, Inc is your best weapon.

HELOC recently frozen?

Your lender just may make the decision to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area -- even if your specific property has not declined in value. This can this be annoying from a cash flow point of view, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Kumar Appraisals, Inc can help you reinstate your home equity line of credit with efficient appraisal.

Do You Need Field and Desktop Appraisal Review Services?

Have you just accepted a copy of your appraisal and you would like to have a seasoned expert double-check it for preciseness or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? Kumar Appraisals, Inc offers field reviews where we go out and check the subject and comparables in question. Or, if you need it ASAP, 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.

Do you need a retrospective review of an appraisal report? Kumar Appraisals, Inc can help with that too. Even though this is typically requested by banks, you may desire to employ this service if you suspect mortgage fraud related to your home.