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Avatar for Hampton Roads Valuations, LLC
Hampton Roads Valuations, LLC
New to Angi
Appraisal - Real Estate

Serving Franklin, VA and surrounding areas

In business since 1998

Free estimates

Credit card accepted

Hampton Roads Valuations a residential real estate appraisal firm servicing lenders, real estate agents, lawyers, accountants, and the general public. We pride ourselves on our high quality, diligently prepared and thoroughly readable appraisal reports. You can count on our experience, ethics, competence, diligence, and delivery. Our business is built on these values. When it comes to making important real estate investment decisions, the more you know, the better decision you can make. Give us a call today!

Response time5 hrs
Property Appraiser questions, answered by experts

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

Typically during transactions or refinancing, or whenever significant improvements are made.

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

The Franklin, VA homeowners’ guide to property appraisals

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