Appraisal services for Salisbury and Wicomico County homeowners

The top seven reasons Maryland homeowners hire DMV Appraisals:

Get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
Challenge Wicomico County's assessment of your property
Remove PMI to reduce their mortgage payment
To reinstate their Home Equity Line of Credit (HELOC)
Verify a different appraiser's report
In the case of a divorce in the state of Maryland, where real estate needs to be divided
Settle an estate in Maryland by determining the true market value of a property


	Own a house in or near Salisbury, Maryland and need help deciding the price of it? Contact DMV Appraisals.

We at DMV Appraisals understand the individual needs of a homeowner seeking appraisal services. While our usual 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.

Pre-listing Services/For Sale by Owner (FSBO)

Since you have an emotional attachment to your house, it's often very hard to be objective about it. A professional appraiser is objective and will tell you what you need to know, not just what you want to hear. In addition to helping you set a realistic selling price so your home will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. It's something concrete to show the buyer. The appraisal is an independent third party's opinion of your property's value, not just how much your house is worth. Potential buyers know that you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value judgement than yours.

Challenging a property tax assessment

Your local tax assessor may have your home overvalued if you live in an area that's declining. This only means you are going to pay higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better off you'll be. An appraisal from DMV Appraisals is your strongest weapon when challenging your property tax assessment.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan amount is below 80% of the value of your house. In most cases you can apply to your lender to have the PMI removed from your loan. At DMV Appraisals, we're veterans in helping customers just like you get rid of unwanted and unneeded PMI insurance.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender might choose to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. This can be detrimental to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow point of view. DMV Appraisals can provide you with an expert appraisal to help you reinstate your HELOC.

We Offer Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for verity, or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. Or, if you need it immediately, we can 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 report you may have had done before. Even though most appraisal reviews are requested by lenders, homeowners suspecting they've been the victim of mortgage fraud are wise to get a second opinion.