Need an appraisal in Wantagh or Nassau County?
Here are the top seven reasons NY homeowners use Gateway Appraisals Ltd.:
Do you own a house in or near Wantagh? Do you need help determining the price of your real estate?
We at Gateway Appraisals Ltd. understand the particular needs of a homeowner seeking appraisal services. Our usual business clients get the appraisal process and the standard documents we provide. As our non-traditionalclient, we'll be sure you get extra guidance and explanations through the appraisal process to understand what we do and how we report the results of our analysis.
Pre-listing Services/For Sale By Owner (FSBO)
Since you have an emotional attachment to your home, it's often very hard to be objective about it. Professional appraisers, like the ones at Gateway Appraisals Ltd., will be objective. We'll 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 home will attract many interested buyers, a professional appraisal is a crucial negotiating tool once you have an interested buyer. It gives you something concrete to show your buyer. An appraisal is an independent third party's opinion of your home's value -- not just how much you think your house is worth. Potential buyers assume you have an emotional attachment to your house and will be far more likely to give credibility to an expert appraiser's value estimation than yours.
Need to cancel PMI?
Getting the PMI (Private Mortgage Insurance) removed from your mortgage loan is a preferred way to cut expenses for homeowners. Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to a lender to have the PMI removed from your loan, which will make your monthly payments go down. At Gateway Appraisals Ltd., we're experienced in helping homeowners just like you rid themselves of undesirable PMI insurance.
Challenging property tax assessments
Lets say you live in a region that is declining -- your local tax assessor may have your home overvalued. That only means you are most likely paying more taxes than you should. The faster 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. When challenging your property tax assessment, getting an appraisal report from Gateway Appraisals Ltd. is your strongest weapon.
HELOC recently frozen?
If your house is in or near a declining area, your lender might just decide to automatically freeze your home equity line of credit (HELOC) - even if your specific property has not declined in value. This can this be inopportune from a cash flow standpoint, and harmful to your credit score since it may appear as though that credit line is maxed out. Gateway Appraisals Ltd. can help you reinstate your HELOC.
Need Field and Desktop Appraisal Review Services?
Have you just been handed a copy of your appraisal and you would wish to have a seasoned appraiser double-check it for verity or do you desire a second opinion without the added expense and delay of waiting for a whole new appraisal? An appraiser from Gateway Appraisals Ltd. can go out and check the subject and comps in a field review. 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.
Need a retrospective review of an appraisal report? We can We can assist you While typically requested by banks, you may need to exploit this service if you suspect mortgage fraud related to your house.