Attention homeowners in Fairport and Monroe County: Get an Appraisal today!
Check out the top 7 reasons why New York homeowners need Appraisal Associates:
At Appraisal Associates, we understand the special needs of a homeowner seeking appraisal services. Our usual business clients are used to the appraisal process and the standard documents we provide. Being a homeowner that most likely doesn't look at appraisals every day, we'll be sure you get extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our findings.
For Sale by Owner/Pre-Listing ServicesSince you have an emotional attachment to your own home, it's often very hard to be objective about it. Professional appraisers, like the ones at Appraisal Associates, will be objective. We'll 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 home will attract interested buyers, a professional appraisal is very valuable as a negotiating tool once you have an interested buyer. It's something tangible to show the buyer. The appraisal is an independent third party's opinion of your house's value, not just you saying how much your house is worth. Interested buyers know that you have an emotional attachment to your house and will be far more likely to give credibility to a qualified appraiser's value judgement than yours.
Challenge a property tax assessmentYour local tax assessor may have your home overvalued if you live in an area that's going down. This means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the earlier you take care of a matter like this, the better off you'll be. When contesting your property tax assessment, getting an appraisal report from Appraisal Associates is your number one weapon.
Need to cancel PMI?Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is a fashionable way to cut expenses for homeowners. Your monthly payments will go down once your mortgage loan is below 80% of the value of your property. In most cases you can apply to a lender to have the PMI removed from your loan. We're experts in helping folks just like you delete undesirable PMI insurance.
HELOC recently frozen?If your house is in a declining area, your lender might 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 disadvantageous from a cash flow point of view, but it can be negative on your credit score since it may appear as though that credit line is maxed out. Appraisal Associates can provide you with an expert appraisal to help you reinstate your home equity line of credit.
Need Field and Desktop Appraisal Review Services?Do you need a professional to double-check your appraisal for preciseness, or do you desire a second opinion without the added cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in question in a field review. Or, if you're in a rush, we can provide 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? We can assist you. Although most review work is commissioned by lenders, homeowners that have reason to believe they've been the victim of mortgage fraud are wise to get a second opinion.