Knight Appraisal Services logo

Knight Appraisal Services

1.0(
1
)
Property Appraisal,

About us

Knight Appraisal Services has over a decade of experience appraising residential real estate in Central Indiana. Knight Appraisal Services has completed appraisals for many local banks including Flagstar, Huntington and PNC just to name a few. With thousands of appraisals completed, Knight Appraisal Services has the knowledge & expertise you can rely upon for your appraisal needs. Give us a call today for a free quote on our services!

Business highlights

25 years of experience

Services we offer

Appraisals of residential real estate.

Amenities

Free Estimates

Yes

Warranties

Yes

Accepted Payment Methods

  • Check
  • Discover
  • MasterCard
Reviews
1.01 Reviews
Write a review
Number of StarsImage of DistributionNumber of Ratings
5
0%
4
0%
3
0%
2
0%
1
100%
Write a review

Filter reviews by service

Showing 1-1 of 1 reviews
Timothy B.
Aug 2010
1.0
Property Appraisal
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.
Response from Knight Appraisal Services
"The person who posted the response was not the client who ordered the appraisal and has no legal right to the results of the report. The client is M&I Bank. Appraisal results do not always leave all parties happy in a real estate transaction. However as previously stated, this complaint has been made by the seller of the real estate not the buyer nor the bank who actually was the client in this case. In other words, the respondent appears to be upset that his home did not appraise for enough to cover a sales price. Well, I hate to sound like "Mr. Obvious" here. But, the purpose of the appraisal with respect to a purchase transaction is to ensure that the sales price is not inflated. In this case, the sales price was above the market value for similar properties within the neighborhood. As a result, the appraised value did not meet the sales price."

Licensing

Insured

State Contractor License Requirements

All statements concerning insurance, licenses, and bonds are informational only, and are self-reported. Since insurance, licenses and bonds can expire and can be cancelled, homeowners should always check such information for themselves. To find more licensing information for your state, visit our Find Licensing Requirements page.

*Contact business to see additional licenses.

FAQ

Knight Appraisal Services is currently rated 1.0 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.