Need an appraisal in Russellville or Pope County?

The top reasons AR homeowners call on Mahan Appraisals:

  1. To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
  2. Challenge property tax assessments
  3. To lower their mortgage payments by removing PMI
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. If property needs to be divided because of a divorce
  7. To determine the true market value of property in question to settle an estate in Pope County or the state of AR

Do you own a home in or near Russellville? Do you need help determining the price of your real estate?
Contact Mahan Appraisals.

We at Mahan Appraisals understand the unique needs of a homeowner in need of appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, lawyers, and CPAs. Being a regular consumer that probably doesn't see an appraisal on a regular basis,you can expect 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 home, it's often very hard to be objective about it. Professional appraisers, like the ones at Mahan Appraisals, are objective. We will tell you what you need to know, not just what you want to hear. A professional appraisal is very crucial as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your property will attract many interested buyers. It's something concrete to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value opinion than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a popular money saver for homeowners. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your property. In most cases you can apply to the lender to have the PMI canceled from your loan. We're experts in helping customers just like you dismiss unneeded and unwanted PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if you live in an area that's declining. This means you are most likely paying higher taxes than you should be paying. The quicker you take care of a matter like this, the better, since your property assessment may likely go up again in the next period. Getting an expert appraisal from Mahan Appraisals is your chief weapon when challenging your property tax assessment.

HELOC recently frozen?

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 property is near a declining area. This can this be disadvantageous from a cash flow angle, and destructive to your credit score since it may appear as though that credit line is maxed out. A professional appraisal from Mahan Appraisals can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need an expert to double-check your appraisal for precision, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. Or, if you're in a hurry, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide you with a a retrospective review of any appraisal you may have had done before. While typically requested by banks, you may need to utilize this service if you suspect mortgage fraud related to your property.