Need an appraisal in Durham or Durham County?

The top seven reasons NC homeowners hire Borden Tolley Appraisal:

  1. To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
  2. Challenge property tax assessments
  3. Remove PMI to cut your mortgage payment
  4. To reinstate your Home Equity Line of Credit (HELOC)
  5. To review another appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Determine the true market value of real estate in question to settle an estate

Own a house in or near Durham, NC and need help determining the price of it?
Contact Borden Tolley Appraisal.

We at Borden Tolley Appraisal understand the particular needs of a consumer seeking appraisal services. While our usual business clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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/Pre-Listing Services

It's very hard to be objective about your own home because of your emotional attachment to it. The professional appraisers at Borden Tolley Appraisal will tell you what you need to know -- not just what you want to hear. We are objective. In addition to helping you set a realistic price to sell at so your home will attract many interested buyers, a professional appraisal is a very important negotiating tool once you have a likely buyer. It gives you something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just how much you think your house is worth. Potential buyers assume that you have an emotional attachment to your house and will be much more likely to give credibility to a seasoned appraiser's value report than yours.

Appraisals to cancel PMI

A fashionable way to cut expenses for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Your monthly payments will go down once your mortgage loan is below 80% of the value of your home. In most cases you can apply to the lender to have the PMI canceled from your loan. We're experienced in helping folks just like you remove unnecessary PMI insurance.

Challenging a property tax assessment

Your local tax assessor may have your house overvalued if you live in a local area that's declining. That only means you're most likely paying more taxes than you should. Since your property assessment may likely go up again in the next period, the sooner you take care of a matter like this, the better. When challenging your property tax assessment, getting an expert appraisal from Borden Tolley Appraisal is your number one weapon.

Recently got a freeze your HELOC?

If your house is in or near a declining area, your lender may just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. Not only can this be inopportune from a cash flow standpoint, but it can be destructive to your credit score since it may appear as though that credit line is maxed out. Borden Tolley Appraisal can help you reinstate your HELOC.

We Provide Field and Desktop Appraisal Review Services

Do you need a seasoned professional to double-check your appraisal for precision, or do you need a second opinion without the expense and delay of waiting for a whole new appraisal? An appraiser from Borden Tolley Appraisal can go out and check the subject and comps in a field review. Or, if you need it in a rush, 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.

Do you need a retrospective review of an appraisal? Borden Tolley Appraisal can help with that too. While typically requested by banks, you may want to exploit this service if you suspect mortgage fraud related to your home.