Appraisal services for Lexington and Fayette County homeowners

Here are the top 7 reasons KY homeowners order from Rapid Appraisals:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. To lower your mortgage payment by removing PMI
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Verify a different appraiser's report
  6. If property needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate in KY

Own a house in or near Lexington, KY and need help deciding the price of it?
Contact Rapid Appraisals.

At Rapid Appraisals, we understand the special needs of a homeowner in need of appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer 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 (FSBO)

Since you have an emotional attachment to your house, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It's something concrete to show your buyer. The appraisal is an independent third party's opinion of your property's price, not just how much you think your house is worth. Interested buyers assume you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser's value assessment than yours.

Need to remove PMI?

A fashionable way to cut costs for homeowners is getting 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 is below 80% of the value of your home. In most cases you can apply to your lender to have the PMI canceled from your loan. At Rapid Appraisals, we're veterans in helping consumers just like you rid yourselves of unneeded and unwanted PMI insurance.

Challenge Fayette county's assessment of your property

Lets say you live in an area that is going down -- your local tax assessor may have your house overvalued. That only means you're most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better off you'll be. An expert appraisal from Rapid Appraisals is your #1 weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

If your house is close to 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 this be difficult from a cash flow standpoint, and negative on your credit score since it may appear as though that credit line is maxed out. Rapid Appraisals can help you reinstate your home equity line of credit with an expert appraisal.

Need Field and Desktop Appraisal Review Services?

Do you need a seasoned expert to double-check your appraisal for accuracy, or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables. If you're in a rush, we'll provide 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 report? We can help you with that While usually requested by banks, you may desire to use this service if you suspect mortgage fraud related to your house.