Attention homeowners in New York and New York County: Get an Appraisal today!

Here are the top seven reasons NY homeowners need KP Appraisals, Inc.:

To get a pre-listing appraisal (whether they're selling the home on their own or using an agent)
Challenge a property tax assessment
To reduce your monthly mortgage payment by removing PMI
Reinstate their Home Equity Line of Credit (or HELOC)
Review another appraiser's report for verification
In the case of a NY divorce, when real estate property needs to be divided
To settle an estate in NY by determining the true market value of property in question

Own a house in or near New York, NY and need help determining the value of it?
Contact KP Appraisals, Inc..

At KP Appraisals, Inc., we understand the unique needs of a homeowner in need of appraisal services. The appraisal process and reporting formats are relatively routine to our business clients like banks, attorneys, and CPAs. As our client, we will give you 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

It's very hard to be objective about your own home because of your emotional attachment to it. The professional appraisers at KP Appraisals, Inc. will tell you what you need to know -- not just what you want to hear. We are objective. A professional appraisal is a very important negotiating tool once you have a potential 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. It's an independent third party's opinion of your home's price, and not just you saying how much your house is worth. Potential buyers assume you have an emotional attachment to your home and will be more likely to give credibility to a qualified appraiser's value report than yours.

Need to cancel PMI?

A preferred way to save money for homeowners is to get the PMI canceled 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 is below 80% of the value of your property. In most cases you can apply to the lender to have the PMI eliminated from your loan. We're qualified in helping people just like you do away with unnecessary PMI insurance.

Challenging New York county's assessment of your property

Your local tax assessor may have your house overvalued if your home is not appreciating as much as other houses close by. This means you are paying higher taxes than you should be paying. Since your property assessment may likely go up again in the next period, the sooner you take care of things like this, the better off you'll be. When contesting your property tax assessment, getting an appraisal report from KP Appraisals, Inc. is your #1 weapon.

Was your HELOC recently frozen?

Your lender may decide to automatically freeze your home equity line of credit (HELOC) if your home is in or near a declining area -- even if your specific property has not declined in value. This can this be unsuitable from a cash flow point of view, and destructive to your credit score since it may appear as though that credit line is maxed out. KP Appraisals, Inc. can help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Do you need a seasoned expert to double-check your appraisal for verity, or do you need a second opinion without the added expense and delay of waiting for a whole new appraisal? KP Appraisals, Inc. offers field reviews where we go out and check the subject and comparables. Or, if you need it in a rush, we can provide you with a 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 report? KP Appraisals, Inc. can We can assist you. Even though this is typically requested by banks, you may desire to use this service if you suspect mortgage fraud related to your home.