Attention homeowners in Northern Virginia: Get an Appraisal today!

Here are the top reasons VA homeowners need EDI Appraisal:

  1. Get a pre-listing appraisal (whether you're using an agent or selling the home on your own)
  2. Challenge the county's assessment of your property
  3. Remove PMI to reduce a mortgage payments
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. To review a different appraiser's report for verification
  6. In the case of a VA divorce, when property needs to be divided
  7. To settle an estate in Northern VA by determining the true market value of property in question

Own a house in or near Fairfax Station, VA and need help determining the price of it?
Contact EDI Appraisal.

At EDI Appraisal, we understand the individual needs of a consumer looking for appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

For Sale By Owner/Pre-Listing Services

It's very hard to be objective about your home because you most likely have an emotional attachment to it. Our professional appraisers at EDI Appraisal are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is very valuable as a negotiating tool once you have a potential buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. It's something tangible to show your buyer. It's an independent third party's opinion of your home's price, and not just how much you think your house is worth. Interested buyers know you have an emotional attachment to your home and will be far more likely to give credibility to an accomplished appraiser's value estimation than yours.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. A fashionable way to cut costs for homeowners is to get the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan is below 80% of the value of your house, in most cases you can apply to a lender to have the PMI canceled from your loan, which will make your monthly payments go down. At EDI Appraisal, we're qualified in helping people just like you delete unnecessary PMI insurance.

Challenge a property tax assessment

If you live in an area that is going down or not appreciating as much as other houses close to yours, your local tax assessor may have your home overvalued. This means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better. Getting an appraisal from EDI Appraisal is your number one weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender may just make the decision to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. This can this be inconvenient from a cash flow viewpoint, and negative on your credit score since it may appear as though that credit line is maxed out. EDI Appraisal can help you reinstate your home equity line of credit with a professional appraisal.

Do You Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you'd like to have an expert double-check it for efficiency or do you need a second opinion without the cost and delay of waiting for a whole new appraisal? EDI Appraisal offers field reviews where we'll go out and check the subject and comparables in question. Or, if you need it in a rush, we can provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide you with a a retrospective review of any appraisal you may have had in the past. Even though this is typically requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your house.