Appraisal services for Little Rock and Pulaski County homeowners

Here are the top 7 reasons why AR homeowners hire Willis Smith & Associates (501)227-9413:

  1. Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
  2. Challenge Pulaski county's assessment of your property
  3. To reduce a mortgage payments by removing PMI
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. Verify a different appraiser's report
  6. If real estate property needs to be divided because of a divorce
  7. Settle an estate in AR by determining the true market value of real estate in question

Do you own a home in or near Little Rock? Do you need help determining the value of your real estate?
Contact Willis Smith & Associates (501)227-9413.

At Willis Smith & Associates (501)227-9413, we understand the special needs of a homeowner seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and accountants. Being a regular person not in the real estate industry that probably doesn't look at appraisals every day,we'll be sure you get extra guidance and explanations through the appraisal process to better understand what we do and how we report our conclusions.

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

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Willis Smith & Associates (501)227-9413, are objective. We 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 home will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. It gives you something concrete to show your buyer. An appraisal is an independent third party's opinion of your house's value -- not just how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to an expert appraiser's value report than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is less than 80% of the value of your property, 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. We are experts in helping clients just like you do away with undesirable PMI insurance.

Challenging a property tax assessment

Lets say you live in a region that is declining -- your local tax assessor may have your home overvalued. That only means you are paying more taxes than you should. The earlier you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal from Willis Smith & Associates (501)227-9413 is your number one weapon.

Recently got a freeze your HELOC?

Even if your specific property has not declined in value, your lender may 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 viewpoint, but it can be harmful to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from Willis Smith & Associates (501)227-9413 can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Have you just received a copy of your appraisal and you'd prefer to have a seasoned 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? We can go out and check the subject and comparables in question in a field review. If you need it ASAP, we'll 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? Willis Smith & Associates (501)227-9413 can help you with that. Even though this is typically requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your property.