Real estate appraisal services for homeowners in the city of Woodbridge and Prince William County
See the top seven reasons VA homeowners call on Meridian Real Estate Appraisal Serivces:
Own a house in or near Woodbridge, VA and need help determining the value of it?
We at Meridian Real Estate Appraisal Serivces understand the particular needs of a consumer looking for appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, lawyers, and accountants. As our non-traditionalclient, we'll be sure you get extra guidance and explanations through the appraisal process to understand what we do and how we document our findings.
For Sale By Owner (FSBO)/Pre-Listing Services
It's very hard to be objective about your house because you probably have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract many interested buyers, a professional appraisal is very crucial as a negotiating tool once you have a potential buyer. It gives you something tangible to show your buyer. It's an independent third party's opinion of your house's price, and not just how much your home is worth. Interested buyers assume that you have an emotional attachment to your home and will be far more likely to give credibility to a seasoned appraiser's value opinion than yours.
Need to remove PMI?
PMI stands for Private Mortgage Insurance. A popular way to cut expenses for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is 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. At Meridian Real Estate Appraisal Serivces, we're seasoned in helping homeowners just like you delete unwanted and unneeded PMI insurance.
Challenge property tax assessments
Lets say you live in a local area that's declining -- your local tax assessor may have your home overvalued. That means you're 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. Getting an appraisal report from Meridian Real Estate Appraisal Serivces is your number one weapon when challenging your property tax assessment.
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 home is close to a declining area. This can this be disadvantageous from a cash flow angle, and harmful to your credit score since it may appear as though that credit line is maxed out. Meridian Real Estate Appraisal Serivces can help you reinstate your home equity line of credit with an expert appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Do you need a seasoned appraiser to double-check your appraisal for verity, or do you want a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Meridian Real Estate Appraisal Serivces can go out and check the subject and comparables in question in a field review. 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.
Need a retrospective review of an appraisal report? We can help with that too. While typically requested by banks, you may need to exercise this service if you suspect mortgage fraud related to your property.