Attention homeowners: Real estate appraisal services for in Wilmington and New Castle County

The top 7 reasons why DE homeowners order from David Mearns:

  1. Find the right listing price (whether you're using an agent or selling the home on your own)
  2. Challenge New Castle county's assessment of your property
  3. Remove PMI to cut your monthly mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Verify another appraiser's report
  6. If real estate needs to be divided because of a divorce
  7. To determine the true market value of real estate in question to settle an estate in DE

Need help deciding the price of your home in or near Wilmington, DE?
Contact David Mearns.

At David Mearns, we understand the special needs of a customer seeking 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.

Pre-listing Services/For Sale By Owner

Since you have an emotional attachment to your own home, 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 price to sell at so your property will attract buyers, a professional appraisal is very important as a negotiating tool once you have a likely buyer. It's something concrete to show your buyer. An appraisal is an independent third party's opinion of your property's value -- not just how much 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.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A fashionable way to cut expenses for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your property. In most cases you can apply to the lender to have the PMI canceled from your loan. We are experts in helping customers just like you get rid of unwanted and unneeded PMI insurance.

Challenge property tax assessments

Your local tax assessor may have your home overvalued if you live in a local area that is declining or is not appreciating as much as other properties close by. That only means you are most likely paying more taxes than you should. The earlier you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal report from David Mearns is your strongest weapon when challenging your property tax assessment.

Recently got a freeze your HELOC?

If your property is near a declining area, your lender might choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be unfavorable to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow viewpoint. An appraisal from David Mearns can help you reinstate your HELOC.

We Provide Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for preciseness, or do you want a second opinion without the added cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comparables in a field review. If you need it immediately, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

Do you need a retrospective review of an appraisal? David Mearns can help you with that. While typically requested by banks, you may wish to make use of this service if you suspect mortgage fraud related to your home.