Need an appraisal in Odenton or Anne Arundel County?

Check out the top seven reasons why MD homeowners need David Redding:

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

Own a house in or near Odenton, MD and need help determining the value of it?
Contact David Redding.

At David Redding, we understand the particular needs of a consumer in need of appraisal services. While our typical 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 (FSBO) / Pre-Listing Services

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at David Redding, are objective. We'll tell you what you need to know, not just what you want to hear. A professional appraisal is a crucial negotiating tool once you have an attainable buyer, in addition to helping you set a realistic price to sell at so your home will attract buyers. It gives you something tangible to show your buyer. It's an independent third party's opinion of your house's value, and not just you saying how much your house is worth. Interested buyers know that you have an emotional attachment to your house and will be more likely to give credibility to a qualified appraiser's value opinion than yours.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) eliminated from your mortgage loan is a preferred way to save money for homeowners. Your monthly payments will go down once your mortgage loan is less than 80% of the value of your home. In most cases you can apply to your lender to have the PMI eliminated from your loan. We're experienced in helping folks just like you rid yourselves of unneeded and unwanted PMI insurance.

Challenge Tax Assessment

Lets say your home is not appreciating as much as other properties nearby -- your local tax assessor may have your house overvalued. This means you are going to pay higher taxes than you should be paying. The sooner you take care of things like this, the better, since your property assessment may likely go up again in the next period. When challenging your property tax assessment, getting an appraisal from David Redding is your chief weapon.

HELOC recently frozen?

Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your house is near a declining area -- even if your specific property has not declined in value. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also unsuitable from a cash flow angle. A professional appraisal from David Redding can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Would you prefer a second opinion without the expense and delay of waiting for a whole new appraisal? Or do you desire a seasoned appraiser to double-check your appraisal for verity? David Redding offers field reviews where we'll go out and check the subject and comparables in question. If you're in a rush, we'll 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 done before. Even though this is usually requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your home.