Attention homeowners in Hampton Roads & North-East North Carolina: Need an appraisal?
Check out the top reasons Virginia homeowners hire Hampton Roads Valuations:
We at Hampton Roads Valuations understand the special needs of a customer looking for appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesIt's very hard to be objective about your home because you probably have an emotional attachment to it. The professional appraisers at Hampton Roads Valuations will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have an attainable buyer. 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 house is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an experienced appraiser's value conclusion than yours.
Challenging a property tax assessmentYour local tax assessor may have your house overvalued if you live in a region that's declining or not appreciating as much as other properties close to yours. This only means you are going to pay higher taxes than you should be paying. The quicker you take care of things like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting a professional appraisal from Hampton Roads Valuations is your perfect weapon.
Need to cancel PMI?PMI stands for Private Mortgage Insurance. A preferred way to cut expenses for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your house. In most cases you can apply to the lender to have the PMI eliminated from your loan. At Hampton Roads Valuations, we're qualified in helping customers just like you get rid of unneeded and unwanted PMI insurance.
Was your HELOC recently frozen?Even if your specific property has not declined in value, your lender might just decide to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area. This can be bad for your credit score since it may appear as though that credit line is maxed out, and also annoying from a cash flow standpoint. An appraisal from Hampton Roads Valuations can help you reinstate your HELOC.
Do You Need Field and Desktop Appraisal Review Services?Would you wish a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you want a professional to double-check your appraisal for efficiency? Hampton Roads Valuations offers field reviews where we'll go out and check the subject and comps in question. 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 a retrospective review of any appraisal report you may have had done before. While usually requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your property.