Appraisal services for Glen Allen and Henrico County homeowners
Check out the top 7 reasons VA homeowners use Kim Phillips Appraisals:
Own a house in or near Glen Allen, VA and need help determining the value of it?
At Kim Phillips Appraisals, we understand the special needs of a consumer after appraisal services. While our usual 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 Services
It's very hard to be objective about your home because you most likely have an emotional attachment to it. Professional appraisers, like the ones at Kim Phillips Appraisals, are objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your house will attract many interested buyers. It's something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's value -- not just how much you think your home is worth. Interested buyers assume you have an emotional attachment to your home and will be more likely to give credibility to a seasoned appraiser's value judgement than yours.
Appraisals to remove PMI
PMI stands for Private Mortgage Insurance. An attractive 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 amount is less than 80% of the value of your home. In most cases you can apply to a lender to have the PMI canceled from your loan. At Kim Phillips Appraisals, we're veterans in helping consumers just like you abolish unwanted PMI insurance.
Challenge property tax assessments
Lets say you live in a region that's going down -- your local tax assessor may have your house overvalued. That only means you are most likely paying more taxes than you should. The faster you take care of things like this, the better, since your property assessment may likely go up again in the next period. When contesting your property tax assessment, getting an appraisal from Kim Phillips Appraisals is your number one weapon.
Was your HELOC recently frozen?
Your lender may choose to automatically freeze your home equity line of credit (HELOC) if your property is in or near a declining area -- even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow viewpoint. An efficient appraisal from Kim Phillips Appraisals can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Would you wish a second opinion without the added expense and delay of waiting for a whole new appraisal? Or do you desire a seasoned appraiser to double-check your appraisal for preciseness? An appraiser from Kim Phillips Appraisals can go out and check the subject and comparables in a field review. If you're in a rush, we'll provide you with a 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 desire to utilize this service if you suspect mortgage fraud related to your house.