Velox Appraisal Services
Credible Real Estate Valuations
At Velox, we know that when it comes to getting the right appraisal value for a property, timing and accuracy are of the utmost importance. That's why we pride ourselves on providing a suite of comprehensive appraisal services executed by a team of experienced professionals - all focused on delivering timely, accurate, and reliable valuations for each one of our clients.
What Goes Into a Velox Appraisal?
We understand the responsibility that comes with appraisals for homes and other properties. Our role in assisting borrowers and lenders through our valuations is a task we approach with the utmost professionalism. We recognize that behind every appraisal, there are stakeholders, each with their own goals or concerns.
Choosing Velox means entrusting your property's valuation to a team committed to excellence. With over 25 years of experience in the appraisal industry, we leverage cutting-edge technology, comprehensive market insights, and a thorough understanding of local trends. We deliver meticulously tailored appraisals to meet the diverse needs of our clientele.
We are more than just appraisers - we are your trusted partners, committed to building a strong relationship, one appraisal at a time.
Our Appraisal Process
Scope of Work Outline
The process begins with the client's request, detailing the purpose of the appraisal. The appraiser will work with the client to define and confirm the scope of work required, including the type of property, the intended use of the appraisal, and any specific requirements.
Appraiser Engagement
Based on the scope of work, the client-engaged appraiser conducts the valuation and remains the primary point of contact throughout the entire process.
Data
Collection
This involves gathering relevant data on the subject property and similar properties in the area. It usually includes a physical inspection of the property to document its condition, size, features, and any improvements.
Comprehensive Appraisal Report
The primary deliverable is a detailed appraisal report with analyses and conclusions about the property's value. Further insights into all relevant market data, comparable properties, and other supporting documentation are available to the client in support of the valuation.
Explore Our Appraisal Services
Lending
For bankers and lenders, accurate property valuation is crucial for risk management and loan decisions. Our appraisers have extensive experience providing thorough and reliable appraisals that meet lending guidelines.
We complete appraisal assignments for all GSE lending programs, including FHA and VA, in addition to custom programs offered by investors and non-QM lenders. We complete hybrid assignments and waiver-based property inspection. We are the modern appraiser admist the appraiser modernization movement.
Estate and Trusts
Dealing with the valuation and distribution of a deceased loved one's property can be overwhelming for many people.
Our appraisal services alleviate some of the stress by providing a detailed report that considers all relevant valuation factors. This assists executors and heirs in decision-making when dividing property or selling estate assets.
Pre-Listings
When listing a property for sale, having an accurate third-party appraisal can help you determine the property's "actual" value and set a fair asking price.
Our pre-listing appraisals for homes consider market conditions, recent sales data, and the unique features of your property to help you make informed decisions. This can save you time and money and help you attract the right buyers.
Tax Appeal
If you believe your property has been overvalued and are considering appealing your property taxes, our appraisers can help provide the necessary evidence to support your case.
The detailed appraisal reports provided by our team help you present a strong case to the tax assessor, potentially saving you thousands of dollars in unnecessary taxes for your property.
Divorce
Navigating through a divorce can be challenging, but Velox's appraisal services aim to simplify at least one aspect – property valuation.
We offer discreet and impartial property appraisals, ensuring that both parties receive a fair and accurate appraisal of their shared real estate assets for equitable distribution.
PMI Removal
An appraisal helps determine if the equity in a property has reached the 20% threshold (or above) required by most lenders to remove PMI.
Our appraisers use their expertise and market data to provide a credible valuation of the property in question that can be used to support PMI removal.
What Sets Velox Apart From The Competition?
We know that we're not the only option for property appraisal services, which is why we work hard to set ourselves apart.
Fast and Reliable Turnaround Times
We understand the importance of fast, credible appraisals for supporting real estate transactions. That's why we pride ourselves on meeting strict deadlines.
Our team works diligently to ensure you receive the appraisal report you need when you need it, letting you focus on the next steps in your process.
See Our Expanding Coverage Area
At Velox, we're always looking to expand our coverage area to serve our clients' needs better.
- Arizona
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Indiana
- Iowa
- Maryland
- Massachusetts
- Michigan
- Missouri
- Nevada
- New Jersey
- New York
- North Carolina
- Ohio
- Oregon
- Pennsylvania
- South Carolina
- Tennessee
- Texas
- Virginia
- Washington
See Why Our Clients Love Working With Us
Get Matched With One of Our Certified Appraisers Today
Reach out to Velox today and get matched with one of our certified appraisers for all your real estate valuation needs.