Need an appraisal in Knoxville or Knox County?

Here are the top 7 reasons why TN homeowners need Milstead's Appraisal Service:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge property tax assessments
  3. Remove PMI to cut a mortgage payments
  4. Reinstate your Home Equity Line of Credit (or HELOC)
  5. Verify a different appraiser's report
  6. In the case of a TN divorce, when real estate needs to be divided
  7. To settle an estate in Knox county or TN by determining the true market value of property in question

Do you own a house in or near Knoxville? Do you need help determining the price of your real estate?
Contact Milstead's Appraisal Service.

We at Milstead's Appraisal Service understand the unique needs of a customer in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and accountants. But as a general consumer,we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we document the results of our analysis.

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

Since you have an emotional attachment to your home, it's often very hard to be objective about it. The professional appraisers at Milstead's Appraisal Service 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 selling price so your property will attract buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. The appraisal is something tangible to show your buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much your house is worth. Potential buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to a qualified appraiser's value conclusion than yours.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your home. In most cases you can apply to a lender to have the PMI canceled from your loan. We're qualified in helping consumers just like you dismiss unnecessary PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your house overvalued if you live in a local area that is going down or is not appreciating as much as other houses close by. This means you're most likely paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. A professional appraisal from Milstead's Appraisal Service is your chief weapon when contesting your property tax assessment.

HELOC recently frozen?

If your house is in a declining area, your lender just may make the decision 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 and inconvenient from a cash flow point of view, and destructive to your credit score since it may appear as though that credit line is maxed out. Milstead's Appraisal Service can help you reinstate your home equity line of credit with efficient appraisal.

Need Field and Desktop Appraisal Review Services?

Have you just gotten a copy of your appraisal and you would like to have a veteran appraiser double-check it for efficiency or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Milstead's Appraisal Service can go out and check the subject and comparables in a field review. If you need it 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.

Do you need a retrospective review of an appraisal? Milstead's Appraisal Service can We can assist you. Even though this is usually requested by banks, you may wish to exploit this service if you suspect mortgage fraud related to your house.