Attention homeowners in Bronx and Bronx County: Need an appraisal?

The top 7 reasons why NY homeowners use Vincent Thomas:

  1. To get a pre-listing appraisal (whether you're using a real estate agent or selling the home on your own)
  2. Challenge a property tax assessment
  3. Remove PMI to lower a mortgage payments
  4. Reinstate your Home Equity Line of Credit (HELOC)
  5. Review a different appraiser's report for verification
  6. In the case of a NY divorce, where property needs to be divided
  7. Determine the true market value of real estate in question to settle an estate in Bronx county or NY

Need help deciding the value of your house in or near Bronx, NY?
Contact Vincent Thomas.

We at Vincent Thomas understand the individual needs of a homeowner looking for appraisal services. While our typical clients understand the appraisal process and standard reporting formats, you as a consumer will get an extra level of customer service in the form of an explanation of the process and even special consumer-friendly reporting forms if the assignment allows for them.

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

Since you have an emotional attachment to your home, it's often very hard to be objective about it. Our professional appraisers at Vincent Thomas are objective. We won't just tell you what you want to hear, we'll tell you what you need to know. A professional appraisal is very valuable as a negotiating tool once you have a likely buyer, in addition to helping you set a realistic price to sell at so your home will attract interested buyers. It gives you something tangible to show your buyer. It's an independent third party's opinion of your house's value, and not just how much you think your home is worth. Interested buyers know you have an emotional attachment to your house and will be more likely to give credibility to an accomplished appraiser's value judgement than yours.

Appraisals to cancel PMI

PMI stands for Private Mortgage Insurance. An attractive way to save money for homeowners is to get the PMI canceled 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 house. In most cases you can apply to a lender to have the PMI removed from your loan. We're qualified in helping clients just like you abolish unwanted PMI insurance.

Challenge property tax assessments

If you live in an area that is going down or not appreciating as much as other properties close by, your local tax assessor may have your home overvalued. That means you are probably paying more taxes than you should. The faster you take care of a matter 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 expert appraisal from Vincent Thomas is your #1 weapon.

Was your HELOC recently frozen?

Your lender just may decide to automatically freeze your home equity line of credit (HELOC) if your house is close to a declining area -- even if your specific property has not declined in value. This can this be difficult and inconvenient from a cash flow viewpoint, and harmful to your credit score since it may appear as though that credit line is maxed out. Vincent Thomas can provide you with efficient appraisal to help you reinstate your HELOC.

Field and Desktop Appraisal Review Services

Have you just accepted a copy of your appraisal and you would like to have a professional double-check it for accuracy or do you desire a second opinion without the charge and delay of waiting for a whole new appraisal? In a field review we will go out and check the subject and comps in question. If you need it in a rush, we'll 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? Vincent Thomas can We can assist you. Even though this is usually requested by banks, you may wish to exploit this service if you suspect mortgage fraud related to your home.