Real estate appraisal services for homeowners in the city of Virginia Beach and Calvert County
Check out the top seven reasons Maryland homeowners need The Appraisal Shoppe, Inc.:
We at The Appraisal Shoppe, Inc. understand the particular needs of a customer looking for appraisal services. Our business practices and reporting formats are familiar to our business clients like banks, attorneys, and CPAs. As our client, you will receive extra guidance and explanations through the appraisal process to understand what we do and how we document the results of our analysis.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesSince you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at The Appraisal Shoppe, Inc. will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very crucial as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic selling price so your property will attract buyers. The appraisal is something concrete to show your buyer. It's an independent third party's opinion of your house's value, and not just how much your house is worth. Potential buyers assume you have an emotional attachment to your home and will be more likely to give credibility to a professional appraiser's value estimation than yours.
Challenge a property tax assessmentYour local tax assessor may have your house overvalued if you live in a region that's going down or is not appreciating as much as other properties nearby. That means you are probably 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. When contesting your property tax assessment, getting an expert appraisal from The Appraisal Shoppe, Inc. is your perfect weapon.
Appraisals to remove PMIGetting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a preferred way to cut expenses for homeowners. Once your mortgage loan amount is down below 80% of the value of your home, in most cases you can apply to your lender to have the PMI removed from your loan, which will make your monthly payments go down. At The Appraisal Shoppe, Inc., we're seasoned in helping customers just like you rid themselves of unnecessary PMI insurance.
Recently got a freeze to your HELOC?Your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can be negative on your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow angle. The Appraisal Shoppe, Inc. can provide you with efficient appraisal to help you reinstate your home equity line of credit.
Field and Desktop Appraisal Review ServicesHave you just received a copy of your appraisal and you would wish to have a veteran appraiser double-check it for precision or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. Or, if you're in a rush, 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 you may have had done before. While usually requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your property.