Appraisal services for Rochester and Monroe County homeowners

See the top 7 reasons why NY homeowners use Belmont Properties:

To get a pre-listing appraisal (whether they're selling the home on their own or using a real estate agent)
Challenge a property tax assessment
To lower their mortgage payment by removing PMI
To reinstate their Home Equity Line of Credit (HELOC)
To review a different appraiser's report for verification
If real estate property needs to be divided because of a divorce
Settle an estate in NY by determining the true market value of real estate in question

Do you own a house in or near Rochester? Do you need help deciding the value of your real estate?
Contact Belmont Properties.

We at Belmont Properties understand the unique needs of a homeowner in need of appraisal services. The appraisal process and reporting formats are familiar to our business clients like lenders, attorneys, and accountants. Being a person not in the real estate industry that most likely doesn't look at appraisals every day,you'll receive extra guidance and explanations through the appraisal process to understand what we do and how we document our findings.

For Sale By Owner (FSBO)/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 Belmont Properties will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is very valuable as a 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 buyers. It's something tangible 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 home is worth. Potential buyers assume you have an emotional attachment to your home and will be far more likely to give credibility to a qualified appraiser's value estimation than yours.

Appraisals to cancel PMI

A preferred way to cut costs for homeowners is getting the PMI canceled from their mortgage loan, thus saving them money on their monthly payments. PMI stands for "Private Mortgage Insurance". Once your mortgage loan amount is less than 80% of the value of your house, in most cases you can apply to your lender to have the PMI eliminated from your loan, which will make your monthly payments go down. We're seasoned in helping homeowners just like you rid yourselves of unnecessary PMI insurance.

Challenge Tax Assessment

Lets say you live in an area that is declining -- your local tax assessor may have your house overvalued. That means you are probably paying more taxes than you should. The sooner you take care of things like this, the better, since your property assessment may likely go up again in the next period. Getting an appraisal report from Belmont Properties is your strongest weapon when contesting your property tax assessment.

HELOC recently frozen?

Even if your specific property has not declined in value, your lender might choose to automatically freeze your home equity line of credit (HELOC) if your property is in a declining area. This can be be harmful to your credit score since it may appear as though that credit line is maxed out, and also disadvantageous from a cash flow standpoint. Belmont Properties can provide you with a professional appraisal to help you reinstate your HELOC.

Need Field and Desktop Appraisal Review Services?

Do you need an expert to double-check your appraisal for efficiency, or do you need a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we'll go out and check the subject and comps. If you're in a hurry, 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? Belmont Properties can help you with that. Even though this is typically requested by banks, you may need to use this service if you suspect mortgage fraud related to your property.