Let Appraisals by Tom, take care of your appraisal
A life long resident in the Spotsylvania County, VA area, Tom Thorburn is a stable force in the community. He is the expert to help you with your real estate appraisal needs in Northern Virginia, Fredericksburg, Stafford, Orange and other surrounding counties with his growing team. See our Service Area Map.
What makes Tom a wise choice to appraise your Home, Land, Farm or Estate?
In addition to being a certified appraiser, Tom also possesses many years experience as a home builder, and was awarded Home of the Year by the Fredericksburg Home Builders Association. He holds keen knowledge of the vast area, and also being an associate real estate broker, the real estate market as well.
Using the latest technology placing your appraisal request is a breeze, right here from our website. Scheduling, instant communication/confirmations and payments are all accessible at your fingertips.
Let Appraisals by Tom, help you appeal your tax assessment in Fredericksburg and surrounding Counties.If you reside in an area where the value of property has depreciated, it's possible you're paying too much in property taxes. An appraisal from Appraisals by Tom, is your best evidence when building your case. At Appraisals by Tom, we're equipped to assist you in appealing your tax assessment.
Appraisals by Tom, can help you do away with PMI to lower your mortgage paymentWhen the amount being loaned to the homebuyer is more than 80% of the actual value of the home, most lenders ask home buyers to purchase an additional insurance plan. That policy is Private Mortgage Insurance, or PMI. Most often, this extra payment is lumped into the monthly mortgage payment and is promptly forgotten. This is unfortunate because PMI isn't required when the remainder of the loan - whether through market appreciation or principal pay down - goes below the 80% level. In fact, the United States Congress invoked a law in 1998 (the Homeowners Protection Act of 1998) requiring lenders to remove the PMI payments when the loan-to-value ratio conditions have been met.
If you'd like to eliminate PMI, Appraisals by Tom, can produce a statement regarding the value of your home. The price you paid for the appraisal can often be regained in little time because you'll no longer be paying the PMI.
Divorce settlement with less stressA divorce can be a particularly traumatic experience for both parties, and it is often further complicated by the difficult decision of who gets the home. Regardless of the situation, it's a good idea to get an appraisal from Appraisals by Tom, so both parties are entirely aware of the true market value of their property.
If the parties need to sell the home, they'll have a clearer picture of what price to set. And if a "buyout" is the chosen option, both parties will feel like they've gotten a fair assessment.
Settling an estate with peace of mindLosing a loved one is a hard time in life, and settling an estate from a death, or probate, often entails an appraisal to establish Market Value for the real estate involved. We ensure the utmost degree of discretion, as we're bound with confidentiality by the ethics provision within the Uniform Standards of Professional Appraisal Practice (USPAP).
Most Americans do not have dedicated estate planners or executors to handle these issues, unlike many wealthy individuals. A home or other property often makes up an uneven share of the total estate value, so knowing the true value of the real estate at hand is of essential importance to ensuring disputing parties walk away knowing they've gotten a fair deal.
Let Appraisals by Tom, assist you in relocatingWe understand the headaches associated with an employee relocation. We take great care in setting up a convenient appointment time for the appraisal inspection. We encourage relocating employees to provide remarks on the positive aspects of their property, along with information regarding any recent sales or listings in their area that they want considered during our thorough process.
Selling your home quickly at the right priceWhether you want to sell your home on your own or with the help of a real estate agent, a professional appraisal will help you make a more informed decision when determining your selling price. An appraiser has no vested interest in what price the house sells for, which is different than the interest of real estate agents. Our fees aren't contingent upon the value we report, but rather they are calculated on our efforts to complete the appraisal.
We examine the difference in value things like an additional bathroom or a kitchen remodel can make on a daily basis. And we're experts in knowing how long properties stay on the market. So, obtaining a professional appraisal is a trusted way to determine what improvements will add value and what an applicable sales price is for your home so you don't come up short or have your house on the market for an extended amount of time.
Got a Question?
Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.