Attention homeowners in Patterson and Putnam County: Need an appraisal?

See the top seven reasons NY homeowners use JRH Appraisals:

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

Do you own a home in or near Patterson? Do you need help determining the value of your real estate?
Contact JRH Appraisals.

We at JRH Appraisals understand the individual needs of a homeowner in need of appraisal services. Our typical business clients understand the appraisal process and the customary documents we provide. But as a general consumer,you can expect extra guidance and explanations through the appraisal process to more clearly understand what we do and how we document the results of our analysis.

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

Since you have an emotional attachment to your own home, it's often very hard to be objective about it. Our professional appraisers at JRH Appraisals are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. In addition to helping you set a realistic selling price so your house will attract interested buyers, a professional appraisal is a very valuable negotiating tool once you have an interested 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 you saying how much you think your home is worth. Potential buyers assume that you have an emotional attachment to your home and will be much more likely to give credibility to an accomplished appraiser's value judgement than yours.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. A fashionable money saver for homeowners is to get the PMI removed from their mortgage loan, thus saving them money on their monthly payments. Your monthly payments will go down once your mortgage loan amount is down below 80% of the value of your home. In most cases you can apply to the lender to have the PMI removed from your loan. We are seasoned in helping homeowners just like you get rid of unneeded and unwanted PMI insurance.

Challenge a property tax assessment

If you live in a region that is going down or not appreciating as much as other properties close to yours, your local tax assessor may have your home overvalued. That means you're probably paying more taxes than you should. The sooner you take care of things like this, the better off you'll be, since your property assessment may likely go up again in the next period. An appraisal report from JRH Appraisals is your #1 weapon when contesting your property tax assessment.

Was your HELOC recently frozen?

Even if your specific property has not declined in value, your lender may choose to automatically freeze your home equity line of credit (HELOC) if your home is near a declining area. Not only can this be unsuitable from a cash flow angle, but it can be unfavorable to your credit score since it may appear as though that credit line is maxed out. JRH Appraisals can provide you with an expert appraisal to help you reinstate your home equity line of credit.

We Offer Field and Desktop Appraisal Review Services

Would you wish a second opinion without the added cost and delay of waiting for a whole new appraisal? Or do you need a veteran appraiser to double-check your appraisal for preciseness? An appraiser from JRH Appraisals can go out and check the subject and comps in question 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.

Do you need a retrospective review of an appraisal? JRH Appraisals can We can assist you. While typically requested by banks, you may wish to utilize this service if you suspect mortgage fraud related to your house.