Need an appraisal in Selbyville or Sussex County?

The top seven reasons DE homeowners use Breakwater Appraisals:

  1. Find the right listing price (whether they're selling the home themselves or using a real estate agent)
  2. Challenge property tax assessments
  3. To lower your monthly mortgage payment by removing PMI
  4. Reinstate their Home Equity Line of Credit (HELOC)
  5. Review another appraiser's report for verification
  6. If real estate needs to be divided because of a divorce
  7. To settle an estate in Sussex county or DE by determining the true market value of property in question

Need help deciding the price of your home in or near Selbyville, DE?
Contact Breakwater Appraisals.

We at Breakwater Appraisals understand the unique needs of a consumer seeking appraisal services. While our typical business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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

Since you have an emotional attachment to your own 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 price to sell at so your house will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have an interested buyer. It's something tangible to show the buyer. It's an independent third party's opinion of your house's price, and not just you saying how much your house is worth. Interested buyers assume you have an emotional attachment to your house and will be much more likely to give credibility to an expert appraiser's value judgement than yours.

PMI Removal Appraisals

PMI stands for Private Mortgage Insurance. A popular money saver for homeowners is getting the PMI eliminated from their mortgage loan, thus saving them money on their monthly payments. Once your mortgage loan amount is less than 80% of the value of your property, in most cases you can apply to the lender to have the PMI canceled from your loan, which will make your monthly payments go down. Breakwater Appraisals is experts in helping folks just like you delete unnecessary PMI insurance.

Challenge property tax assessments

Lets say your house is not appreciating as much as other properties close by -- your local tax assessor may have your house overvalued. This only means you're most likely paying 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. An expert appraisal from Breakwater Appraisals is your number one weapon when challenging your property tax assessment.

HELOC recently frozen?

Your lender might just choose to automatically freeze your home equity line of credit (HELOC) if your property is near a declining area -- 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 difficult from a cash flow angle. An expert appraisal from Breakwater Appraisals can help you reinstate your HELOC.

We Also Provide Field and Desktop Appraisal Review Services

Do you need a veteran appraiser to double-check your appraisal for verity, or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comparables. Or, if you need it immediately, 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.

Need a retrospective review of an appraisal report? We can help you with that Even though this is usually requested by banks, you may want to exploit this service if you suspect mortgage fraud related to your home.