Real estate appraisal services for homeowners in the city of Lancaster and Garrard County

Check out the top 7 reasons KY homeowners call on Burnette Appraisals:

  1. To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
  2. To challenge a KY property tax assessment
  3. To cut your monthly mortgage payment by removing PMI
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a KY divorce, when property needs to be divided
  7. Settle an estate in KY by determining the true market value of property in question

Own a house in or near Lancaster, KY and need help determining the price of it?
Contact Burnette Appraisals.

We at Burnette Appraisals understand the particular needs of a consumer seeking appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like banks, attorneys, and accountants. As our client, you can expect extra guidance and explanations through the appraisal process to better 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 own home, it's often very hard to be objective about it. The professional appraisers at Burnette Appraisals 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 price to sell at so your property will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It gives you something concrete to show the buyer. It's an independent third party's opinion of your property's price, and not just you saying how much you think your home is worth. Interested buyers know you have an emotional attachment to your home and will be much more likely to give credibility to a qualified appraiser's value estimation than yours.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is below 80% of the value of your home, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. We are qualified in helping consumers just like you get rid of unwanted PMI insurance.

Challenging property tax assessments

If you live in a local area that is declining or not appreciating as much as other homes close to yours, your local tax assessor may have your home overvalued. That means you are going to pay more taxes than you should. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. An appraisal report from Burnette Appraisals is your perfect weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender just might choose to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area. This can this be disadvantageous from a cash flow standpoint, and detrimental to your credit score since it may appear as though that credit line is maxed out. Burnette Appraisals can help you reinstate your home equity line of credit with an expert appraisal.

We Provide Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for precision, or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? Burnette Appraisals offers field reviews where we'll go out and check the subject and comps. Or, if you need it immediately, 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.

We can also provide you with a a retrospective review of any appraisal you may have had done before. While typically requested by banks, you may want to take advantage of this service if you suspect mortgage fraud related to your house.