Attention homeowners: Real estate appraisal services for in Chittenango and Madison County
Check out the top reasons NY homeowners call on Jakway Appraisals:
Do you own a house in or near Chittenango? Do you need help determining the value of your real estate?
At Jakway Appraisals, we understand the unique needs of a consumer seeking appraisal services. Our business practices and reporting formats are familiar to our business clients like lenders, lawyers, and CPAs. But as a consumer,we will give you extra guidance and explanations through the appraisal process to more fully understand what we do and how we present our conclusions.
For-Sale-By-Owner (FSBO) / Pre-Listing Services
It's very hard to be objective about your own home because you probably have an emotional attachment to it. The professional appraisers at Jakway 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 selling price so your home will attract interested buyers, a professional appraisal is a very important negotiating tool once you have an attainable buyer. It gives you something concrete to show the buyer. An appraisal is an independent third party's opinion of your house's price -- not just you saying how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your house and will be far more likely to give credibility to an accomplished appraiser's value estimation than yours.
Need to cancel PMI?
A preferred way to save money 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". Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your house. In most cases you can apply to your lender to have the PMI eliminated from your loan. Jakway Appraisals is veterans in helping homeowners just like you rid themselves of undesirable PMI insurance.
Challenge Madison county's assessment of your property
Lets say you live in an area that is declining -- your local tax assessor may have your house overvalued. That means you are paying more taxes than you should. 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. An appraisal from Jakway Appraisals is your perfect weapon when contesting your property tax assessment.
HELOC recently frozen?
If your property is close to a declining area, your lender just 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 difficult from a cash flow angle, and detrimental to your credit score since it may appear as though that credit line is maxed out. An appraisal from Jakway Appraisals can help you reinstate your HELOC.
We Offer Field and Desktop Appraisal Review Services
Have you just received a copy of your appraisal and you'd like to have a seasoned appraiser double-check it for accuracy or do you need a second opinion without the added cost and delay of waiting for a whole new appraisal? An appraiser from Jakway Appraisals can go out and check the subject and comparables in a field review. Or, if you need it immediately, we can provide desk review and verify as many facts as we can using online data sources as well as our own files.
Need a retrospective review of an appraisal? We can help you with that Even though this is usually requested by banks, you may desire to exercise this service if you suspect mortgage fraud related to your house.