Attention homeowners in Cookeville and Putnam County: Get an Appraisal today!

Check out the top seven reasons why TN homeowners hire BC Appraisal:

  1. Pre-listing appraisals (whether you're using an agent or selling the home on your own)
  2. To challenge a TN property tax assessment
  3. To cut their mortgage payments by removing PMI
  4. Reinstate your Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. To determine the true market value of real estate in question to settle an estate in Putnam County or the state of TN

Own a house in or near Cookeville, TN and need help determining the value of it?
Contact BC Appraisal.

We at BC Appraisal understand the special needs of a consumer looking for appraisal services. Our usual business clients are used to the appraisal process and the usual documents we provide. But as a general consumer,we'll be sure you get extra guidance and explanations through the appraisal process to understand what we do and how we document our conclusions.

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

It's very hard to be objective about your home because you probably have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract interested buyers, a professional appraisal is a crucial negotiating tool once you have a potential buyer. It's something tangible to show the buyer. It's an independent third party's opinion of your home's value, and not just how much you think your home is worth. Potential buyers know you have an emotional attachment to your house and will be more likely to give credibility to an experienced appraiser's value opinion than yours.

Appraisals to remove PMI

A fashionable way to save money for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your home, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. At BC Appraisal, we're veterans in helping customers just like you do away with unnecessary PMI insurance.

Challenge property tax assessments

If you live in a region that is declining or is not appreciating as much as other homes nearby, your local tax assessor may have your house overvalued. This only means you're most likely paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better off you'll be. A professional appraisal from BC Appraisal is your chief weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Your lender might make the decision to automatically freeze your home equity line of credit (HELOC) if your home is close to a declining area -- even if your specific property has not declined in value. Not only can this be unsuitable from a cash flow standpoint, but it can be negative on your credit score since it may appear as though that credit line is maxed out. BC Appraisal can help you reinstate your home equity line of credit with an expert appraisal.

Need Field and Desktop Appraisal Review Services?

Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for accuracy? An appraiser from BC Appraisal can go out and check the subject and comps in question in a field review. If you're in a rush, we'll 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? BC Appraisal can help with that too. While typically requested by banks, you may wish to use this service if you suspect mortgage fraud related to your house.