Attention homeowners in Covington and Kenton County: Get an Appraisal today!

The top reasons KY homeowners hire Chapman Appraisal Service:

To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
Challenge a property tax assessment
Remove PMI to reduce a mortgage payment
Reinstate their Home Equity Line of Credit (HELOC)
Verify a different appraiser's report
In the case of a KY divorce, where property needs to be divided
To determine the true market value of real estate in question to settle an estate

Need help determining the price of your house in or near Covington, KY?
Contact Chapman Appraisal Service.

We at Chapman Appraisal Service understand the individual needs of a consumer in need of appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, lawyers, and CPAs. As our non-traditionalclient, you will receive extra guidance and explanations through the appraisal process to better understand what we do and how we report our findings.

Pre-listing Services/For Sale By Owner

Since you have an emotional attachment to your own house, it's often very hard to be objective about it. Our professional appraisers at Chapman Appraisal Service are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is a crucial negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. It's something concrete to show your buyer. It's an independent third party's opinion of your house's value, and not just you saying how much your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to a seasoned appraiser's value judgement than yours.

Need to remove PMI?

PMI stands for Private Mortgage Insurance. A popular way to cut costs 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 amount is less than 80% of the value of your house. In most cases you can apply to the lender to have the PMI eliminated from your loan. Chapman Appraisal Service is experts in helping people just like you get rid of unnecessary PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your house overvalued if you live in an area that's declining or is not appreciating as much as other properties close to yours. That means you're paying more taxes than you should. The sooner you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an appraisal report from Chapman Appraisal Service is your best weapon when contesting your property tax assessment.

HELOC recently frozen?

If your property is in or near a declining area, your lender may 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 from a cash flow viewpoint, but it can be damaging to your credit score since it may appear as though that credit line is maxed out. Chapman Appraisal Service can provide you with efficient appraisal to help you reinstate your HELOC.

We Also Offer Field and Desktop Appraisal Review Services

Do you need a veteran appraiser to double-check your appraisal for precision, or do you need a second opinion without the cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. If you need it in a rush, 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? Chapman Appraisal Service can We can assist you. While typically requested by banks, you may need to use this service if you suspect mortgage fraud related to your home.