Attention homeowners in Amherst and Amherst County: Need an appraisal?
Here are the top 7 reasons why VA homeowners order from Appraisal Associates:
Need help determining the value of your home in or near Amherst, VA?
We at Appraisal Associates understand the particular needs of a consumer in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, lawyers, and accountants. Being a regular homeowner that probably doesn't see an appraisal on a regular basis,we will provide you with extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present the results of our analysis.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Appraisal Associates, will be objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a very valuable negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your property will attract many interested buyers. It gives you something tangible to show your buyer. It's an independent third party's opinion of your home's value, and not just you saying how much your home is worth. Interested buyers know that you have an emotional attachment to your house and will be much more likely to give credibility to a professional appraiser's value conclusion than yours.
Need to cancel PMI?
A popular way to cut costs for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan is below 80% of the value of your property, in most cases you can apply to your lender to have the PMI canceled from your loan, which will make your monthly payments go down. We're veterans in helping homeowners just like you rid themselves of unneeded and unwanted PMI insurance.
Challenge Amherst county's assessment of your property
Lets say you live in a region that's going down -- your local tax assessor may have your home overvalued. That only means you're paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be. A professional appraisal from Appraisal Associates is your #1 weapon when contesting your property tax assessment.
HELOC recently frozen?
If your property is in a declining area, your lender may just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow point of view. Appraisal Associates can help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Have you just gotten a copy of your appraisal and you would prefer to have a seasoned appraiser double-check it for precision or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in question in a field review. 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.
Need a retrospective review of an appraisal? We can help you with that Even though this is usually requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your property.