Attention homeowners in Luray and Page County: Need an appraisal?
Here are the top 7 reasons VA homeowners hire Mike Sherfey Appraisals, LLC:
Need help determining the value of your home in or near Luray, VA?
At Mike Sherfey Appraisals, LLC, we understand the individual needs of a customer seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, lawyers, and CPAs. But as a consumer,you'll receive extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present the results of our analysis.
For Sale By Owner/Pre-Listing Services
Since you have an emotional attachment to your own house, it's often very hard to be objective about it. The professional appraisers at Mike Sherfey Appraisals, LLC will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very valuable as a negotiating tool once you have a likely 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 your buyer. It's an independent third party's opinion of your home's value, and not just how much your house is worth. Interested buyers assume you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value conclusion than yours.
Appraisals to remove PMI
A fashionable way to cut expenses for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is below 80% of the value of your house. In most cases you can apply to the lender to have the PMI removed from your loan. Mike Sherfey Appraisals, LLC is veterans in helping customers just like you rid themselves of undesirable PMI insurance.
Challenging Page county's assessment of your property
Lets say your home is not appreciating as much as other houses close by -- your local tax assessor may have your house overvalued. This means you are probably paying higher taxes than you should be paying. The faster you take care of a matter 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 Mike Sherfey Appraisals, LLC is your best weapon.
Was your HELOC recently frozen?
Even if your specific property has not declined in value, your lender might choose to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area. Not only can this be troublesome from a cash flow angle, but it can be bad for your credit score since it may appear as though that credit line is maxed out. Mike Sherfey Appraisals, LLC can provide you with a professional appraisal that will help you reinstate your HELOC.
Field and Desktop Appraisal Review Services
Have you just gotten a copy of your appraisal and you'd wish to have a seasoned appraiser double-check it for precision or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps. Or, if you need it in a rush, we can provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.
Do you need a retrospective review of an appraisal report? Mike Sherfey Appraisals, LLC can We can assist you. Even though this is usually requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your home.