Attention homeowners: Real estate appraisal services for in Midlothian and Chesterfield County

The top reasons VA homeowners order from Colonial Realty & Appraisal LLC:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge property tax assessments
  3. Remove PMI to reduce their mortgage payment
  4. To reinstate their Home Equity Line of Credit (or HELOC)
  5. Review another appraiser's report for verification
  6. In the case of a VA divorce, where property needs to be divided
  7. To settle an estate in VA by determining the true market value of real estate in question

Need help determining the value of your house in or near Midlothian, VA?
Contact Colonial Realty & Appraisal LLC.

We at Colonial Realty & Appraisal LLC understand the unique needs of a consumer looking for appraisal services. While our usual 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

It's very hard to be objective about your own home because of your emotional attachment to it. Our professional appraisers at Colonial Realty & Appraisal LLC are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is a very valuable negotiating tool once you have a likely buyer, in addition to helping you set a realistic selling price so your home will attract interested buyers. It's something tangible to show your buyer. The 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 know that you have an emotional attachment to your house and will be more likely to give credibility to a seasoned appraiser's value judgement than yours.

Appraisals to cancel PMI

An attractive way to cut costs for homeowners is getting the PMI eliminated 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 amount is down below 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. Colonial Realty & Appraisal LLC is experienced in helping homeowners just like you rid yourselves of unnecessary PMI insurance.

Challenging property tax assessments

Lets say your house is not appreciating as much as other homes nearby -- your local tax assessor may have your house overvalued. That only means you are paying more taxes than you should. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better. Getting an appraisal report from Colonial Realty & Appraisal LLC is your chief weapon when contesting your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender may just decide to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area. Not only can this be difficult from a cash flow angle, but it can be detrimental to your credit score since it may appear as though that credit line is maxed out. Colonial Realty & Appraisal LLC can help you reinstate your home equity line of credit with an expert appraisal.

Do You Need Field and Desktop Appraisal Review Services?

Do you need an expert to double-check your appraisal for verity, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? Colonial Realty & Appraisal LLC offers field reviews where we go out and check the subject and comps. 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.

Do you need a retrospective review of an appraisal? Colonial Realty & Appraisal LLC can We can assist you. Even though this is usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your property.