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Legacy Builders, Inc.
New to Angi
Appraisal - General

Serving Hampton, VA and surrounding areas

In business since 1995

Free estimates

Credit card accepted

Steeped in hands-on experience Legacy Builders found its roots in flipping houses back in 1995. With a passion for real estate and a natural knack for problem solving it was a perfect fit. The company began renovating one house at a time and has grown to finishing each year with more than 20 newly renovated homes and new construction projects.\nIn 2007 we began providing services for homeowners including major renovations and new construction. Legacy Builders has expanded into investment rental properties as well as wholesale acquisitions while remaining very much involved in the real estate market. The company continues to focus on helping others and producing quality construction at an affordable price.

Antiques and Jewelry Appraisals questions, answered by experts

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

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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.

The Hampton, VA homeowners’ guide to antique and jewelry appraisals

From average costs to expert advice, get all the answers you need to get your job done.