Simple Advice for a Good Appraisal

A simple piece of advice for mortgage borrowers: When an appraiser calls to set up an inspection, ask one important question: Do you live in the area?

An out-of-town appraiser often has no knowledge of many of the factors—such as school systems, neighborhood prestige, similarities/differences between nearby markets (vital in selecting comparables)—that are all important elements of an accurate valuation.

The borrower can tell an appraiser, “thanks, but no thanks” if he or she is from out of the area, and demand that the mortgage company send an experienced, qualified local appraiser.

Learn more about why a local appraiser is so important.

Your Appraisal Needs

Every appraisal is unique and you deserve to have a qualified and experienced appraiser  who can meet your specific appraisal needs. Whether you are a local or national bank, mortgage broker, real estate agent, attorney, homeowner, real estate investor, or insurance company, you can count on us to deliver prompt and professional appraisals throughout Richmond and central Virginia.

We can service all your real estate needs for private evaluations for divorce, bankruptcy, mortgages, appraisals for tax purposes, estate, removal of PMI, or simply for purposes of establishing value when buying or selling a property.