Appraisal services for Greenwood and Sussex County homeowners

The top 7 reasons DE homeowners order from Reagan Appraisals:

Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
To challenge a DE property tax assessment
To reduce a mortgage payment by removing PMI
Reinstate their Home Equity Line of Credit (HELOC)
To review a different appraiser's report for verification
If property needs to be divided because of a divorce
Determine the true market value of property in question to settle an estate

Own a house in or near Greenwood, DE and need help determining the price of it?
Contact Reagan Appraisals.

We at Reagan Appraisals understand the unique needs of a homeowner after appraisal services. Our usual business clients get the appraisal process and the standard documents we provide. Being a regular person not in the real estate business that ordinarily doesn't look at appraisals every day,we will give you extra guidance and explanations through the appraisal process to better understand what we do and how we present our findings.

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

It's very hard to be objective about your own house because you most likely have an emotional attachment to it. The professional appraisers at Reagan Appraisals will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very valuable negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your property will attract buyers. It's something concrete to show your buyer. It's an independent third party's opinion of your home's price, and not just you saying how much you think 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 experienced appraiser's value report than yours.

Appraisals to remove PMI

A preferred way to save money for homeowners is getting 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 amount is below 80% of the value of your home. In most cases you can apply to a lender to have the PMI canceled from your loan. We are qualified in helping clients just like you remove unneeded and unwanted PMI insurance.

Challenge Sussex county's assessment of your property

Your local tax assessor may have your home overvalued if you live in a region that is declining. This only means you are paying higher taxes than you should be paying. The faster you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. Getting an appraisal report from Reagan Appraisals is your best weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender just may decide to automatically freeze your home equity line of credit (HELOC) if your house is in or near a declining area -- even if your specific property has not declined in value. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also inopportune from a cash flow point of view. Reagan Appraisals can help you reinstate your home equity line of credit with a professional appraisal.

Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you'd wish to have a seasoned expert double-check it for accuracy or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. If you're in a rush, we'll 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 a retrospective review of any appraisal you may have in your possession. Even though this is typically requested by banks, you may desire to take advantage of this service if you suspect mortgage fraud related to your home.