Attention homeowners in Chesapeake and Chesapeake City County: Need an appraisal?
Here are the top reasons Virginia homeowners order from RL Carmichael & Assoc, Inc.:
At RL Carmichael & Assoc, Inc., we understand the special needs of a homeowner in need of appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, attorneys, and CPAs. As our non-traditional client, we'll be sure you get extra guidance and explanations through the appraisal process to better understand what we do and how we report our conclusions.
For-Sale-by-Owner (FSBO) / Pre-Listing ServicesIt's very hard to be objective about your own house because you most likely have an emotional attachment to it. Our professional appraisers at RL Carmichael & Assoc, Inc. are objective. We won't just tell you what you want to hear, we will tell you what you need to know. 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 a likely buyer. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just you saying how much you think your home is worth. Potential buyers assume you have an emotional attachment to your home and will be far more likely to give credibility to a seasoned appraiser's value assessment than yours.
Challenging property tax assessmentsYour local tax assessor may have your house overvalued if your house is not appreciating as much as other houses close by. This means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. Getting an appraisal from RL Carmichael & Assoc, Inc. is your strongest weapon when challenging your property tax assessment.
Appraisals to cancel PMIGetting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a fashionable way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan is below 80% of the value of your property. In most cases you can apply to a lender to have the PMI canceled from your loan. We're qualified in helping clients just like you rid themselves of unwanted and unneeded PMI insurance.
Recently got a freeze to your HELOC?Even if your specific property has not declined in value, your lender may choose to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. This can be troublesome from a cash flow viewpoint, and unfavorable to your credit score since it may appear as though that credit line is maxed out. An expert appraisal from RL Carmichael & Assoc, Inc. can help you reinstate your HELOC.
We Also Offer Field and Desktop Appraisal Review ServicesHave you just gotten a copy of your appraisal and you would prefer to have a seasoned professional double-check it for efficiency or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? RL Carmichael & Assoc, Inc. offers field reviews where we go out and check the subject and comps. 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 you may have had in the past. While typically requested by banks, you may need to make use of this service if you suspect mortgage fraud related to your home.