Real estate appraisal services for homeowners in the city of Lexington and Fayette County

Check out the top reasons KY homeowners need Veritas Appraisal Partners:

  1. Get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
  2. Challenge property tax assessments
  3. Remove PMI to cut their mortgage payments
  4. To reinstate their Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. Determine the true market value of real estate in question to settle an estate

Do you own a house in or near Lexington? Do you need help deciding the price of your real estate?
Contact Veritas Appraisal Partners.

We at Veritas Appraisal Partners understand the unique needs of a homeowner looking for appraisal services. While our typical business 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/Pre-Listing Services

It's very hard to be objective about your house because you most likely have an emotional attachment to it. Our professional appraisers at Veritas Appraisal Partners are objective. We won't just tell you what you want to hear, we will tell you what you need to know. A professional appraisal is a crucial negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. 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 your house is worth. Interested buyers know you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value estimation than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A preferred money saver for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. 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 a lender to have the PMI eliminated from your loan. We're experienced in helping customers just like you delete unnecessary PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if you live in a region that is going down or is not appreciating as much as other houses close to yours. That means you're probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. When contesting your property tax assessment, getting an appraisal report from Veritas Appraisal Partners is your strongest weapon.

Was your HELOC recently frozen?

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 -- even if your specific property has not declined in value. Not only can this be troublesome from a cash flow angle, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Veritas Appraisal Partners can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Have you just received a copy of your appraisal and you would wish to have a veteran appraiser double-check it for accuracy or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? Veritas Appraisal Partners offers field reviews where we go out and check the subject and comps. Or, if you need it in a rush, we can 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 report? Veritas Appraisal Partners can help you with that. Even though this is typically requested by banks, you may wish to take advantage of this service if you suspect mortgage fraud related to your home.