Need an appraisal in Iuka or Tishomingo County?

Check out the top 7 reasons MS homeowners use First American National Bank:

To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
Challenge Tishomingo county's assessment of your property
To reduce your mortgage payment by removing PMI
To reinstate their Home Equity Line of Credit (HELOC)
To review another appraiser's report for verification
If real estate needs to be divided because of a divorce
To determine the true market value of property in question to settle an estate in Tishomingo County or the state of MS

Need help deciding the price of your house in or near Iuka, MS?
Contact First American National Bank.

At First American National Bank, we understand the special needs of a consumer in need of appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

Pre-listing Services/For Sale By Owner

Since you have an emotional attachment to your house, it's often very hard to be objective about it. Professional appraisers, like the ones at First American National Bank, are objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have an attainable buyer, in addition to helping you set a realistic selling price so your home will attract interested buyers. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's value, not just how much you think your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to an accomplished appraiser's value conclusion than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a popular way to save money for homeowners. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your property. In most cases you can apply to the lender to have the PMI canceled from your loan. At First American National Bank, we're veterans in helping clients just like you get rid of unneeded and unwanted PMI insurance.

Challenge a property tax assessment

Lets say you live in a region that's declining -- your local tax assessor may have your house overvalued. This only means you are probably paying higher taxes than you should be paying. The quicker 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. An appraisal report from First American National Bank is your chief weapon when challenging your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender just might decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area. This can be be negative on your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow standpoint. A professional appraisal from First American National Bank can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you would wish to have a professional double-check it for verity or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. If you're in a hurry, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal you may have in your possession. While usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your home.