Need an appraisal in middlebury or Addison County?

Here are the top 7 reasons VT homeowners order from Prospect Appraisal, LLC:

  1. Find the right listing price (whether they're selling the home themselves or using a real estate agent)
  2. To challenge a VT property tax assessment
  3. Remove PMI to reduce a mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. Determine the true market value of property in question to settle an estate

Need help deciding the price of your home in or near middlebury, VT?
Contact Prospect Appraisal, LLC.

At Prospect Appraisal, LLC, we understand the individual needs of a consumer looking for appraisal services. While our typical 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. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic price to sell at so your house will attract buyers, a professional appraisal is very valuable as a negotiating tool once you have a potential buyer. It's something concrete to show the buyer. An appraisal is an independent third party's opinion of your house's price -- not just you saying how much your home is worth. Potential buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value estimation than yours.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a fashionable money saver for homeowners. Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to the lender to have the PMI removed from your loan, which will make your monthly payments go down. Prospect Appraisal, LLC is experts in helping people just like you remove unneeded PMI insurance.

Challenge a property tax assessment

Your local tax assessor may have your home overvalued if your home is not appreciating as much as other homes nearby. That only means you're probably paying more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of things like this, the better. When contesting your property tax assessment, getting an appraisal report from Prospect Appraisal, LLC is your #1 weapon.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender may choose to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area. This can this be inconvenient from a cash flow angle, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Prospect Appraisal, LLC can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you'd prefer to have a seasoned professional double-check it for efficiency or do you desire a second opinion without the expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables in question. If you need it immediately, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

Need a retrospective review of an appraisal? We can help with that too. Even though this is typically requested by banks, you may want to make use of this service if you suspect mortgage fraud related to your property.