Attention homeowners in Rochester and Monroe County: Need an appraisal?

Check out the top seven reasons why NY homeowners hire Monroe County Appraisal Associates:

  1. Pre-listing appraisals (whether you're using a real estate agent or selling the home on your own)
  2. To challenge a NY property tax assessment
  3. To cut their mortgage payments by removing PMI
  4. To reinstate your Home Equity Line of Credit (or HELOC)
  5. To review another appraiser's report for verification
  6. If real estate property needs to be divided because of a divorce
  7. Settle an estate in NY by determining the true market value of property in question

Do you own a house in or near Rochester? Do you need help deciding the value of your real estate?
Contact Monroe County Appraisal Associates.

We at Monroe County Appraisal Associates understand the unique needs of a homeowner seeking appraisal services. While our usual clients understand the appraisal process and standard reporting formats, you as a consumer will get extra 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

Since you have an emotional attachment to your house, it's often very hard to be objective about it. The professional appraisers at Monroe County Appraisal Associates will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a crucial negotiating tool once you have an interested buyer, in addition to helping you set a realistic price to sell at so your property will attract interested buyers. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your property's price -- not just how much you think your home is worth. Potential buyers know you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value assessment than yours.

PMI Removal Appraisals

Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a popular way to cut costs for homeowners. Once your mortgage loan amount is down below 80% of the value of your property, in most cases you can apply to the lender to have the PMI eliminated from your loan, which will make your monthly payments go down. Monroe County Appraisal Associates is seasoned in helping homeowners just like you delete unneeded PMI insurance.

Challenge Monroe county's assessment of your property

If you live in a region that is declining or is not appreciating as much as other houses close by, your local tax assessor may have your house overvalued. This means you're paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the faster you take care of things like this, the better off you'll be. When contesting your property tax assessment, getting an expert appraisal from Monroe County Appraisal Associates is your #1 weapon.

Was your HELOC recently frozen?

If your property is in a declining area, your lender may 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 difficult and inconvenient from a cash flow viewpoint, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. Monroe County Appraisal Associates can help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Would you prefer a second opinion without the charge and delay of waiting for a whole new appraisal? Or do you desire a seasoned expert to double-check your appraisal for accuracy? In a field review we will go out and check the subject and comps in question. If you need it in a rush, 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.

Do you need a retrospective review of an appraisal report? Monroe County Appraisal Associates can help you with that. While usually requested by banks, you may want to use this service if you suspect mortgage fraud related to your house.