Real estate appraisal services for homeowners in the city of Richmond and Chesterfield County

Here are the top 7 reasons VA homeowners need Westervelt Realty Advisors, LLC:

  1. Pre-listing appraisals (whether they're selling the home on their own or using an agent)
  2. Challenge property tax assessments
  3. Remove PMI to reduce a mortgage payment
  4. Reinstate your Home Equity Line of Credit (or HELOC)
  5. Verify another appraiser's report
  6. If real estate needs to be divided because of a divorce
  7. Determine the true market value of real estate in question to settle an estate in Chesterfield county or VA

Need help deciding the price of your home in or near Richmond , VA?
Contact Westervelt Realty Advisors, LLC.

We at Westervelt Realty Advisors, LLC understand the particular needs of a homeowner after appraisal services. While our typical business 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.

Pre-listing Services/For Sale By Owner (FSBO)

It's very hard to be objective about your home because you most likely have an emotional attachment to it. The professional appraisers at Westervelt Realty Advisors, LLC will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your house will attract many interested buyers, a professional appraisal is a very valuable negotiating tool once you have an attainable buyer. It gives you something concrete to show your buyer. It's an independent third party's opinion of your home's value, and not just how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an expert appraiser's value report than yours.

PMI Removal Appraisals

An attractive way to cut costs for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is down below 80% of the value of your property, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. At Westervelt Realty Advisors, LLC, we're seasoned in helping consumers just like you abolish undesirable PMI insurance.

Challenging property tax assessments

Your local tax assessor may have your home overvalued if you live in a local area that's going down. This means you are going to pay higher taxes than you should be paying. The sooner you take care of a matter like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an expert appraisal from Westervelt Realty Advisors, LLC is your best weapon when challenging your property tax assessment.

HELOC recently frozen?

If your home is close to a declining area, your lender may make the decision to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be troublesome from a cash flow standpoint, and bad for your credit score since it may appear as though that credit line is maxed out. An efficient appraisal from Westervelt Realty Advisors, LLC can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want a seasoned expert to double-check your appraisal for precision? We can go out and check the subject and comps 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.

We can also provide you with a a retrospective review of any appraisal you may have had done before. While usually requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your property.