Attention homeowners: Real estate appraisal services for your area

The top seven reasons NY & NJ homeowners order from Zachary Kimmel:

  1. To get a pre-listing appraisal (whether they're selling the home themselves or using a real estate agent)
  2. To challenge a NY or NJ property tax assessment
  3. Remove PMI to reduce a monthly mortgage payment
  4. Reinstate their Home Equity Line of Credit (or HELOC)
  5. Verify another appraiser's report
  6. If real estate property needs to be divided because of a divorce
  7. Settle an estate in NY or NJ by determining the true market value of real estate in question

Need help deciding the price of your house ?
Contact Zachary Kimmel

We understand the special needs of a customer looking for appraisal services. Our typical business clients are used to the appraisal process and the standard documents we provide. But as a general consumer,we will give you extra guidance and explanations through the appraisal process to more clearly understand what we do and how we present our findings.

For Sale By Owner (FSBO)/Pre-Listing Services

It's very hard to be objective about your own house because you probably have an emotional attachment to it. Professional appraisers are objective. We will 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 property will attract interested buyers, a professional appraisal is very crucial as a negotiating tool once you have a likely buyer. It gives you something concrete to show your buyer. It's an independent third party's opinion of your house's price, and not just how much your home is worth. Interested buyers assume 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.

Appraisals to cancel PMI

Getting the PMI (Private Mortgage Insurance) canceled from your mortgage loan is an attractive way to cut costs 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 the lender to have the PMI removed from your loan. Zachary Kimmel is seasoned in helping consumers just like you remove unwanted and unneeded PMI insurance.

Challenging a property tax assessment

If you live in a region that is going down or is not appreciating as much as other properties close by, your local tax assessor may have your home overvalued. That only 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. When challenging your property tax assessment, getting a professional appraisal is your #1 weapon.

HELOC recently frozen?

If your property is close to a declining area, your lender might just choose to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can be be detrimental to your credit score since it may appear as though that credit line is maxed out, and also difficult from a cash flow point of view. Zachary Kimmel can provide you with an expert appraisal that will help you reinstate your HELOC.

Do You Need Field and Desktop Appraisal Review Services?

Have you just been handed a copy of your appraisal and you'd wish to have a seasoned expert double-check it for accuracy or do you want a second opinion without the cost and delay of waiting for a whole new appraisal? We can go out and check the subject and comps in a field review. If you need it immediately, we'll 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 We can assist you Even though this is usually requested by banks, you may want to exercise this service if you suspect mortgage fraud related to your house.