Appraisal services for New York and New York County homeowners

See the top seven reasons NY homeowners hire Mid Atlantic Realty Advisors:

  1. Get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to reduce a mortgage payment
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. Review a different appraiser's report for verification
  6. In the case of a NY divorce, when real estate needs to be divided
  7. To determine the true market value of real estate in question to settle an estate in New York county or NY

Own a home in or near New York, NY and need help determining the price of it?
Contact Mid Atlantic Realty Advisors.

We at Mid Atlantic Realty Advisors understand the special needs of a homeowner after appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like lenders, attorneys, and accountants. But as a consumer,you can expect 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)

It's very hard to be objective about your house because of your emotional attachment to it. The professional appraisers at Mid Atlantic Realty Advisors 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 house will attract interested buyers, a professional appraisal is a crucial negotiating tool once you have a potential buyer. The appraisal is something tangible to show the buyer. It's an independent third party's opinion of your home's value, and not just how much you think your house is worth. Potential buyers know you have an emotional attachment to your house and will be more likely to give credibility to a professional appraiser's value estimation than yours.

Need to cancel PMI?

A popular money saver for homeowners is getting the PMI removed from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". 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, which will make your monthly payments go down. We are experts in helping consumers just like you rid yourselves of unnecessary PMI insurance.

Challenge New York county's assessment of your property

If you live in a region that is going down or not appreciating as much as other homes close to yours, your local tax assessor may have your home overvalued. That means you're going to pay more taxes than you should. Since your property assessment may likely go up again in the next period, the quicker you take care of a matter like this, the better off you'll be. An expert appraisal from Mid Atlantic Realty Advisors is your perfect weapon when contesting your property tax assessment.

HELOC recently frozen?

Your lender just might make the decision to automatically freeze your home equity line of credit (HELOC) if your property is close to a declining area -- even if your specific property has not declined in value. This can be be bad for your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow viewpoint. Mid Atlantic Realty Advisors can help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Would you like a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you want an expert to double-check your appraisal for accuracy? In a field review we will go out and check the subject and comparables in question. If you need it in a rush, we'll provide desk review and verify as many facts as we can using online data sources as well as our own files.

We can also provide a retrospective review of any appraisal you may have had in the past. While typically requested by banks, you may want to utilize this service if you suspect mortgage fraud related to your home.