Attention homeowners in New Albany and Floyd County: Need an appraisal?

The top seven reasons IN homeowners hire Vern Hudson Appraisals:

Find the right listing price (whether they're selling the home on their own or using a real estate agent)
Challenge a property tax assessment
Remove PMI to lower a mortgage payment
Reinstate your Home Equity Line of Credit (or HELOC)
To review a different appraiser's report for verification
In the case of a IN divorce, where property needs to be divided
Settle an estate in IN by determining the true market value of real estate in question

Do you own a home in or near New Albany? Do you need help deciding the value of your real estate?
Contact Vern Hudson Appraisals.

We at Vern Hudson Appraisals understand the individual needs of a homeowner looking for appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, lawyers, and accountants. As our client, we will give you extra guidance and explanations through the appraisal process to understand what we do and how we document the results of our analysis.

For Sale By Owner/Pre-Listing Services

It's very hard to be objective about your house 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 selling price so your house will attract many interested buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. The appraisal is something tangible to show the buyer. It's an independent third party's opinion of your house's value, and not just how much your home is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to an expert appraiser's value estimation than yours.

PMI Removal Appraisals

A popular money saver for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. At Vern Hudson Appraisals, we're veterans in helping folks just like you rid themselves of undesirable PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your house overvalued if you live in a region that's going down or is not appreciating as much as other houses nearby. That only means you are most likely paying more taxes than you should. The faster you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. An appraisal report from Vern Hudson Appraisals is your chief weapon when contesting your property tax assessment.

HELOC recently frozen?

If your home is near a declining area, your lender might just make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be difficult and inconvenient from a cash flow point of view, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Vern Hudson Appraisals can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Have you just been given a copy of your appraisal and you'd like to have a professional double-check it for preciseness or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? An appraiser from Vern Hudson Appraisals can go out and check the subject and comparables in question in a field review. If you need it immediately, 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 typically requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your house.