Attention homeowners in Chester and Orange County: Need an appraisal?
Here are the top reasons New York homeowners call on Property One Appraisals:
Do you own a house in or near Chester? Do you need help determining the value of your real estate?
At Property One Appraisals, we understand the unique needs of a customer after appraisal services. Our usual business clients understand the appraisal process and the standard "products" we deliver to them. As our non-traditionalclient, we will provide you with extra guidance and explanations through the appraisal process to understand what we do and how we present the results of our analysis.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your home, it's often very hard to be objective about it. The professional appraisers at Property One Appraisals 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 property will attract many interested buyers, a professional appraisal is a crucial negotiating tool once you have an attainable buyer. The appraisal is something tangible to show your buyer. It's an independent third party's opinion of your property's value, and not just you saying how much you think your house is worth. Potential buyers know that you have an emotional attachment to your home and will be much more likely to give credibility to a seasoned appraiser's value conclusion than yours.
Appraisals to remove PMI
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred way to cut costs for homeowners. Your monthly payments will go down once your mortgage loan amount is less than 80% of the value of your house. In most cases you can apply to a lender to have the PMI removed from your loan. Property One Appraisals is experts in helping consumers just like you get rid of unnecessary PMI insurance.
Challenging Orange county's assessment of your property
Your local tax assessor may have your home overvalued if you live in a local area that's going down or not appreciating as much as other houses nearby. This means you're probably paying higher taxes than you should be paying. 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 off you'll be. Getting an appraisal report from Property One Appraisals is your strongest weapon when challenging your property tax assessment.
HELOC recently frozen?
If your house is in a declining area, your lender may choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be annoying from a cash flow point of view, and unfavorable to your credit score since it may appear as though that credit line is maxed out. Property One Appraisals can help you reinstate your home equity line of credit with efficient appraisal.
Do You Need Field and Desktop Appraisal Review Services?
Do you need an expert to double-check your appraisal for accuracy, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. If you need it immediately, we'll provide you with a desk review and verify as many facts as we can using online data sources as well as our own files.
We can also provide you with a a retrospective review of any appraisal you may have had in the past. While typically requested by banks, you may want to exploit this service if you suspect mortgage fraud related to your house.