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TRUSTED BY HAMPTON, VA HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon20
    Verified property appraisals reviews

Find Property appraisers in Hampton

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.4(
62
)
Appraisal - Real Estate

Serving Hampton, VA and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
1298 neighbors recently requested a quote
Avatar for BK Appraisal Services
BK Appraisal Services
4.7(
38
)
Appraisal - Real Estate

Serving Hampton, VA and surrounding areas

In business since 2006

Free estimates

Credit card accepted

"We hired BK for a home appraisal. They were prompt and had the paperwork to us quickly. Thier appraisal was identical to what the mortage company's appraiser did a month later."
Response time10 hrs
Recommended by94%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Hampton, VA and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Marketplace Homes has managed two residential rental properties for me, and everything has always been very easy. They coordinate showings, negotiated rent with tenants, and hired contractors as needed at each property. I would use them for any rental property I have in the future!"
Recommended by77%of homeowners
Avatar for Premier Home Appraisals - RHR, Inc.
Premier Home Appraisals - RHR, Inc.
5.0(
3
)
Appraisal - Real Estate

Serving Hampton, VA and surrounding areas

In business since 2012

Free estimates

Premier Home Appraisals - RHR, Inc., is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests and make their concerns the basis of our business.

Response time1 day
Recommended by100%of homeowners
Avatar for The Melton Team - RE/MAX Peninsula
The Melton Team - RE/MAX Peninsula
5.0(
34
)
Appraisal - Real Estate

Serving Hampton, VA and surrounding areas

In business since 2001

"We used this team to find our new retirement home.  Erin is always responsive to our needs, always had our backs when negotiating with the seller and made our new home a reality.  She always goes the extra mile for her clients.  We would use her again in a heartbeat!
"
Recommended by100%of homeowners
Showing 1-10 of 20
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.

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.

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.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

The Hampton, VA homeowners’ guide to property appraisals

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