Need an appraisal in Westchester, Putnam, Orange, or Rockland Counties?
Check out the top 7 reasons NY homeowners need Robert Pasacrita Appraisals:
Own a home and need help determining the price of it?
At Robert Pasacrita Appraisals, we understand the particular needs of a consumer seeking appraisal services. Our business practices and reporting formats are relatively routine to our business clients like banks, lawyers, and accountants. As our client, you'll receive extra guidance and explanations through the appraisal process to better understand what we do and how we report our conclusions.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your own home, 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. A professional appraisal is a very valuable negotiating tool once you have an interested buyer, in addition to helping you set a realistic selling price so your home will attract many interested buyers. The appraisal is something concrete to show the buyer. The appraisal is an independent third party's opinion of your house's price, not just you saying how much you think 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 a professional appraiser's value report than yours.
Need to remove PMI?
A preferred way to save money for homeowners is getting the PMI eliminated 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 amount is down below 80% of the value of your property. In most cases you can apply to a lender to have the PMI canceled from your loan. We're veterans in helping homeowners just like you remove unnecessary PMI insurance.
Challenging property tax assessments
Your local tax assessor may have your house overvalued if your home not appreciating as much as other houses nearby. That means you are probably paying more taxes than you should. 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. Getting an expert appraisal from Robert Pasacrita Appraisals is your chief weapon when contesting your property tax assessment.
HELOC recently frozen?
Your lender might choose to automatically freeze your home equity line of credit (HELOC) if your house is in a declining area -- even if your specific property has not declined in value. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also inconvenient from a cash flow viewpoint. Robert Pasacrita Appraisals can help you reinstate your home equity line of credit with an expert appraisal.
We Also Provide Field and Desktop Appraisal Review Services
Do you need a seasoned expert to double-check your appraisal for accuracy, or do you desire a second opinion without the cost and delay of waiting for a whole new appraisal? Robert Pasacrita Appraisals offers field reviews where we'll go out and check the subject and comps in question. Or, if you need it 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 report? Robert Pasacrita Appraisals can help with that too. While usually requested by banks, you may need to take advantage of this service if you suspect mortgage fraud related to your property.