Attention homeowners in Louisville and Jefferson County: Get an Appraisal today!

The top 7 reasons why KY homeowners need Derby City Homes & Development LLC:

Pre-listing appraisals (whether they're selling the home themselves or using an agent)
Challenge property tax assessments
To reduce a mortgage payment by removing PMI
To reinstate your Home Equity Line of Credit (or HELOC)
Verify a different appraiser's report
In the case of a KY divorce, when real estate property needs to be divided
To determine the true market value of property in question to settle an estate in Jefferson county or KY

Do you own a house in or near Louisville? Do you need help deciding the price of your real estate?
Contact Derby City Homes & Development LLC.

We at Derby City Homes & Development LLC understand the unique 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 an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

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. Our professional appraisers at Derby City Homes & Development LLC are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is a very important negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your house will attract many interested buyers. It's something tangible to show the buyer. It's an independent third party's opinion of your house's price, and not just how much you think your house is worth. Interested buyers know that you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser's value report than yours.

Appraisals to remove PMI

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a popular way to cut expenses for homeowners. Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. We are experts in helping customers just like you rid themselves of unneeded PMI insurance.

Challenging property tax assessments

Lets say you live in a region that is going down -- your local tax assessor may have your home overvalued. That means you're paying more taxes than you should. The earlier you take care of things like this, the better, since your property assessment may likely go up again in the next period. An expert appraisal from Derby City Homes & Development LLC is your best weapon when challenging your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area. This can this be disadvantageous 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. Derby City Homes & Development LLC can help you reinstate your home equity line of credit with an expert appraisal.

Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you need a seasoned expert to double-check your appraisal for precision? In a field review we'll go out and check the subject and comps 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.

We can also provide a retrospective review of any appraisal you may have had in the past. While typically requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your property.