Real estate appraisal services for homeowners in the city of Spout Spring and Schoharie County

The top reasons Virginia homeowners use Farrell Appraisal Services:

Find the right listing price (whether they're selling the home on their own or using an agent)
To challenge your property tax assessment in Virginia
Remove PMI to reduce their mortgage payment
To reinstate their Home Equity Line of Credit (or HELOC)
To review another appraiser's report for verification
If property needs to be divided because of a divorce
To settle an estate in Virginia by determining the true market value of the property in question


	Own a home in or near Spout Spring, Virginia and need help deciding the value of it? Contact Farrell Appraisal Services.

We at Farrell Appraisal Services understand the individual needs of a customer in need of appraisal services. While our usual 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 house because you most likely have an emotional attachment to it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your property will attract interested buyers. The appraisal is something concrete to show the buyer. An appraisal is an independent third party's opinion of your home's value -- 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 an experienced appraiser's value opinion than yours.

Challenge a property tax assessment

Your local tax assessor may have your house overvalued if you live in a local area that is going down. That only means you are going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. When contesting your property tax assessment, getting an appraisal report from Farrell Appraisal Services is your perfect weapon.

Need to remove PMI?

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is an attractive money saver for homeowners. Your monthly payments will go down once your mortgage loan is down below 80% of the value of your home. In most cases you can apply to the lender to have the PMI removed from your loan. At Farrell Appraisal Services, we're veterans in helping consumers just like you remove unneeded and unwanted PMI insurance.

HELOC recently frozen?

If your property is near a declining area, your lender just might 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 be harmful to your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow angle. An expert appraisal from Farrell Appraisal Services can help you reinstate your HELOC.

We Also Provide Field and Desktop Appraisal Review Services

Would you like a second opinion without the cost and delay of waiting for a whole new appraisal? Or do you desire a veteran appraiser to double-check your appraisal for verity? In a field review we'll go out and check the subject and comparables in question. If you need it ASAP, we'll 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? We can help with that too. Even though most appraisal reviews are requested by lenders, homeowners suspecting a prior appraisal wasn't above board are wise to invest in a second opinion.