Attention homeowners in Prentiss and Jefferson Davis County: Need an appraisal?

The top reasons MS homeowners call on Penn Real Estate, Inc.:

Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
To challenge a MS property tax assessment
Remove PMI to reduce their mortgage payment
To reinstate their Home Equity Line of Credit (HELOC)
Verify another appraiser's report
In the case of a MS divorce, where real estate property needs to be divided
To determine the true market value of property in question to settle an estate

Need help determining the value of your house in or near Prentiss, MS?
Contact Penn Real Estate, Inc..

At Penn Real Estate, Inc., we understand the special needs of a consumer seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. Being a regular consumer that probably doesn't see an appraisal every day,you can expect extra guidance and explanations through the appraisal process to understand what we do and how we report the results of our analysis.

For Sale By Owner/Pre-Listing Services

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. The professional appraisers at Penn Real Estate, Inc. will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very crucial as a 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. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your home's price, not just how much your home is worth. Interested buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to an experienced appraiser's value opinion than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A preferred way to cut expenses for homeowners is to get the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your home. In most cases you can apply to the lender to have the PMI removed from your loan. We are seasoned in helping homeowners just like you delete unwanted PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your house overvalued if you live in an area that's declining or not appreciating as much as other houses close to yours. That only means you are probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better off you'll be. Getting an appraisal report from Penn Real Estate, Inc. is your perfect weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender may just choose to automatically freeze your home equity line of credit (HELOC) if your home is in a declining area. Not only can this be difficult and inconvenient from a cash flow point of view, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Penn Real Estate, Inc. can provide you with efficient appraisal to help you reinstate your home equity line of credit.

We Provide Field and Desktop Appraisal Review Services

Do you need a seasoned professional to double-check your appraisal for efficiency, or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comparables. Or, if you need it ASAP, 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? Penn Real Estate, Inc. can help you with that. Even though this is typically requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your house.