About us
Business highlights
25 years of trusted experience
Services we offer
Amenities
Free Estimates
YesWarranties
YesAccepted payment methods
Reviews
1.01 Reviews
Showing 1-1 of 1 reviews
Timothy B.
08/2010
real estate appraisal
+ -1 moreThis appraiser was hired by M/I Bank and the buyers of our home. I own investment property and I review real estate listings everyday of the week. I know home values and have purchased many investment properties and homes in the past. The appraiser used 6 comparables total. He used 2 comparables that were in a significantly less expensive neighborhood and 1 comparable that was a vacant home (going to foreclosure and only 1 home away from busy Allisonville Rd). The first 3 comparables did not have a mature tree premium lot, remodeled kitchen, custom finished basement, or custom remodeled master bathroom w/plasma tv. The first 3 comparables on the appraisal should not have been used as they were not valid comparables!! The last 3 comparables on the appraisal were all acceptable comparables. This appraiser used comparables that should not have been included on the appraisal. This undervalued our home by as much as $25,000. The buyers of our home came to the table with the extra cash as they knew this appraiser was incorrect with the appraisal of the home. This appraiser did not value our home properly.
Description of Work: This appraiser was hired by M/I Bank and the buyers of our home. I own investment property and I review real estate listings everyday of the week. I know home values and have purchased many investment properties and homes in the past. The appraiser used 6 comparables total. He used 2 comparables that were in a significantly less expensive neighborhood and 1 comparable that was a vacant home (going to foreclosure and only 1 home away from busy Allisonville Rd). The first 3 comparables did not have a mature tree premium lot, remodeled kitchen, custom finished basement, or custom remodeled master bathroom w/plasma tv. The first 3 comparables on the appraisal should not have been used as they were not valid comparables!! The last 3 comparables on the appraisal were all acceptable comparables. This appraiser used comparables that should not have been included on the appraisal. This undervalued our home by as much as $25,000. The buyers of our home came to the table with the extra cash as they knew this appraiser was incorrect with the appraisal of the home. This appraiser did not value our home properly.
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Response from Knight Appraisal Services
Contact information
10707 Emery Way, Fishers, IN 46037
Licensing
Insured
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Service Categories
Real Estate Appraisals
FAQ
Knight Appraisal Services is currently rated 1 overall out of 5.
Knight Appraisal Services accepts the following forms of payment: Check,Discover,MasterCard
Yes, Knight Appraisal Services offers free project estimates.
No, Knight Appraisal Services does not offer eco-friendly accreditations.
No, Knight Appraisal Services does not offer a senior discount.
No, Knight Appraisal Services does not offer emergency services.
Yes, Knight Appraisal Services offers warranties.
Knight Appraisal Services offers the following services: Appraisals of residential real estate.
Contact information
10707 Emery Way, Fishers, IN 46037